* Site-Outage Notice: Our engineering elves will be tweaking the Shmoop site from Monday, December 22 10:00 PM PST to Tuesday, December 23 5:00 AM PST. The site will be unavailable during this time.
Dismiss
© 2014 Shmoop University, Inc. All rights reserved.
Age of Great Inventions

Age of Great Inventions

 Table of Contents

Age of Great Inventions Terms

Economies Of Scale, Economy Of Scale

The gains in production output or the savings of cost achieved with the increased efficiency of large scale production processes.

Gilded Age

From the title of Mark Twain and Charles Dudley Warner's 1873 novel, the "Gilded Age" became a term popularly associated with the second half of the nineteenth century, a period from the end of the Civil War to the turn of the twentieth century marked by political corruption and materialism.

The name coined by Mark Twain for the last quarter of the nineteenth century in America. Twain meant to emphasize that behind the fabulous new wealth of the era there was a decadent and thoroughly corrupt core.

The name coined by Mark Twain for the last quarter of the nineteenth century in America. Twain meant to emphasize that behind the fabulous new wealth of the era, there was a decadent and thoroughly corrupt core.

Taylorism

The eponym given to the system of scientific management pioneered by Frederick W. Taylor in the American steel industry of the late nineteenth and early twentieth centuries. Taylorism emphasizes the standardization and streamlining of production processes such that they require little training and a minimum of time and motion-functioning, in other words, like a well-engineered machine.

People who Shmooped this also Shmooped...

Advertisement
Noodle's College Search
Advertisement
Advertisement
Advertisement