A | B |
A linear method of manufacturing in which interchangeable parts are added to a product in a sequential manner to create an end product | assembly line |
the branch of knowledge that deals with the creation and use of technical means and their interrelation with life, society, and the environment | technologies |
a machine that resembles a human and does mechanical, routine tasks on command. | robotics |
A new device, method, or process developed from study and experimentation: | invention |
the introduction of something new | innovation |
the production of large amounts of standardized products, including and especially on assembly lines. | mass production |
a building or group of buildings with facilities for the manufacture of goods | factory |
farming on a large scale that embraces the production, processing and distribution of agricultural products | agribusiness |
a company, region, or country makes one particular product better than anyone | specialization |
The set of skills which an employee acquires on the job, through training and experience, and which increase that employee's skills | human capital |
a measure of output from a production process, per unit of input. | productivity |
worker is a member of management or works in an office uses their knowledge and earns a salary | white collar |
worker is a member of the working class who typically performs manual labor and earns an hourly wage | blue collar |
any worker who has some special skill, knowledge, or (usually acquired) ability in his work | skilled workers |
workers who lack technical training or skill | unskilled workers |
the technique, method, or system of operating or controlling a process by highly automatic means, as by electronic devices, reducing human intervention to a minimum. | automation |
machinery | captial goods |
such as food and clothing, that satisfy human wants through their direct consumption or use | consumer goods |
measures average changes in prices received by domestic producers for their output | Producer Price Index (P.P.I.) |
The tendency for a continuing application of effort or skill toward a particular project or goal to decline in effectiveness after a certain level of result has been reached | Law of Diminishing Return |
to treat or process (used or waste materials) so as to make suitable for reuse | recycling |