SOCI 1005 Lecture Notes - Lecture 10: Co-Determination, Proletarianization, Mcjob

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The economy: social institution that organizes the production, distribution, and exchange of goods, services, and information. Productivity: measure of the amount of goods and services produced within a given time e. g. as measured per hour or annum. The division of labour refers to the specialization of work tasks. Century onward the steam engine, railroads, and other technologies greatly increased the ability of producers to supply markets: manufacturing became the dominant sector within a century after its emergence in. England: post-industrial revolution (late 1900s, made possible by factory and computer automation of many critical tasks that large-scale shifts in provision of services in the last third of the 20th century previously required physical labour. In canada, more than three quarters of the workforce is employed in the service sector. Some factors to consider: risk (physical/psychological/social: environment/attitude/stress level of autonomy, status/opportunity, compensation/rewards/benefits.

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