Mechanisms of Production
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Mechanisms of Production
Mechanisms of Production are the social and property ties that people form with one another during the production process.[1]
Concept Map
Key Terms
Components Regime of Accumulation >
Syncretic Terms
Related LP Terms
Non-LP Related Terms
Notes
- Division of Labor: How specific tasks are split among different workers and roles, ranging from the technical division of tasks to the social division of labour between classes.[2]
- Coordination Systems: The methods used to manage work, such as market competition, credit systems, state planning, or corporate hierarchies.
- Technological Change: The evolving methods and innovations that shift how efficiently a society produces its needs, often displacing labour and intensifying extraction
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