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10 Cards in this Set

  • Front
  • Back
Industry
The manufacturing of goods in a factory
Industrial Revolution
Originated in Northern England and spread, its the spread of the use of technology to make products better and faster. It made new social, economic and political inventions
Bulk - Reducing industry
the final product weighing less then the inputs
Break - of - bulk point
a location where transfer among transportation modes is possible
Labor intensive industry
is one in which wages and other compensation paid to employees constitute a high percentage of expenses
cottage industry
the process of carding and spinning at home by children and young girls and wives
textile products
garments, carpets, home products, and industrial uses
factors in shifts of manufacturing (4)
proximity to local market
convenience in shipping
proximity to large supply of labor
sources of capital
right - to - work laws
a union and company way not negotiate a contract that requires workers to be part of the union
outsourcing
turning over much of the responsibility for production to independent suppliers