TERMIUM Plus®

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mass-manufacturing circle [1 record]

Record 1 1993-10-12

English

Subject field(s)
  • Economic Conditions and Forecasting
CONT

In the succeeding mass-manufacturing era (M Circle), it was energy [that] fuelled the consumer-driven manufacturing boom that shifted the center of economic power to the United States from Britain.

OBS

Terms coined by economist Nuala Beck for a model of economic growth characterized by abundant, cheap energy, which acted as a catalyst to an unprecedented level of growth. (Based on BECEN, 1992, p. 18.)

OBS

mass-manufacturing economy: ERA: 1918 to circa 1981. KEY FACTOR: cheap energy, especially oil. FOUR ENGINES: auto, machine tools, housing, retailing. INFRASTRUCTURE: highways, airports, telephone. LEADING ECONOMIC INDICATORS: industrial production, capacity utilization, machine tool orders, retail sales, housing starts, and auto sales.

Key term(s)
  • mass manufacturing economy
  • mass manufacturing circle

French

Domaine(s)
  • Prévisions et conjonctures économiques
OBS

Propositions faites par analogie avec les équivalents suivants : «mass production; large-batch production» = production en série; production en masse.

Key term(s)
  • cercle de produits manufacturés
  • cercle de marchandises fabriquées
  • cercle d'articles manufacturés
  • cercle d'articles fabriqués

Spanish

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