Ford also brought along many workers" benefits such as consultants to make the workers concentrating on their jobs. This concept, Fordism, became a system that there was a matching of mass production with mass consumption. Fordism also led to the recognition of collective bargaining power. Unions were established to bargain for their rate of wages and everyone automatically became a union member. The power of unions was continually growing up while word output grew at an unprecedented rate of 3.9 per cent annually during the golden age (1950-1973) (Held 164).
On the level of finance, the Bretton Woods agreement was also signed during KWS period in 1944. The core of Bretton Wood System (BWS) was the agreement of International Monetary Fund (IMF). " The purpose of IMF is to promote international monetary cooperation, exchange stability. to provide temporary financial assistance to countries under adequate safeguards to help ease balance of payments adjustment" (IMF). With the BWS, capital outflows were strictly controlled. For nearly three decades, governments were relatively free from the constant treat of capital withdrawal as today. Away from the treat enabled them to "be far more responsive to demands from the electorate – demands that usually involved policies aimed at achieving full employment and developing social programs." (Howlett 540). In Canada, government introduced new social and welfare programs, for example, unemployment insurance, family allowance, Canada assistant plan and health care program. Post-secondary education was funded. By the demand management policy, the fund to welfare programs would be automatically adjusted with the number of unemployment. These were the origin of our existed social welfare program. Capital controls also created stable currency values that helped to promote World Trade.
After1945, the size of government sharply increased as new government institution and new programs were added.
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