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Special Manufacturing System Sign Video

Upload On Tue Aug 28 2012 by ASL STEM

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Definition

Manufacturing takes turns under all types of economic systems. In a free market economy, manufacturing is usually directed toward the mass production of products for sale to consumers at a profit. In a collectivist economy, manufacturing is more frequently directed by the state to supply a centrally planned economy. In mixed market economies, manufacturing occurs under some degree of government regulation

Source: wikipedia