In manufacturing, where mechanization and the use of chemical processes are much easier, it is easier to raise productivity than in services. In contrast, by their very nature, many service activities are inherently impervious to productivity increase without diluting the quality of the product.


23 Things They Don't Tell You About Capitalism (ed. Penguin UK, 2010) - ISBN: 9780141957869

Ha-Joon Chang Quotes

In manufacturing, where mechanization and the use of chemical processes are much easier, it is easier to raise productivity than in services. In...

In manufacturing, where mechanization and the use of chemical processes are much easier, it is easier to raise productivity than in services. In...

In manufacturing, where mechanization and the use of chemical processes are much easier, it is easier to raise productivity than in services. In...

In manufacturing, where mechanization and the use of chemical processes are much easier, it is easier to raise productivity than in services. In...