A '''preorder economy''' is a type of proposed future economy where the exact demand for goods is known ahead of time, before any material production takes place. It has been discussed within the framework of [[ecological economics]].
==Just-in-time manufacturing==
Creating a preorder economy has recently been proposed{{Citation needed|date=December 2011}} as an [[economic efficiency]] solution to the environmental problems facing modern society. These environmental challenges are believed {{by whom|date=December 2011}} to be caused in part by unsustainable levels of production, consumption and advertising related to the imperfect exchange of information in market economies. Therefore, preorder economy theory advocates using the [[Internet]] as the means to coordinate all production with existing consumer desires, so that almost nothing is made which does not have someone ready to buy it. This is the idea of [[Just In Time (business)|just in time]] manufacturing taken to its logical end.
==See also== * [[Assurance contract]]
==References== Stanley, Conrad. (2006) "The Preorder Economy: Coordinating Supply and Demand on the Way to a Sustainable Future", International Journal of Environment, Workplace and Employment, Vol. 2, Nos. 2/3, pp. 180–205.
[[Category:Ecological economics]]
{{economy-stub}}