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15 Cards in this Set
- Front
- Back
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Break-of-Bulk Point
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A location where transfer is possible from one mode of transportation to another
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Bulk-Reducing Industry
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An industry in which the final product weighs less or comprises a lower volume than the inputs
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Bulk-Gaining Industry
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An industry in which the final product weighs more or comprises a greater volume than the inputs
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Cottage Industry
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Manufacturing based in homes rather than in factories, commonly found prior to the industrial revolution
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Fordist Production
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Form of mass production in which each worker is assigned one specific task to perform repeatedly
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Industrial Revolution
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A series of improvements in industrial technology that transformed the process of manufacturing goods
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Labor-Intensive Industry
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An industry for which labor costs comprise a high percentage of total expenses
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Maquiladora
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Factories built by U.S. companies in Mexico near the U.S. border, to take advantage of much lower labor costs in Mexico
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New International Division of Labor
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Transfer of some types of jobs, especially those requiring low-paid, less skilled workers, from more developed to less developed countries
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Outsourcing
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A decision by a corporation to turn over much of the responsibility for production to independent suppliers
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Post-Fordist Production
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Adoption by companies of flexible work rules, such as the allocation of workers to teams that perform a variety of tasks
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Right-To-Work State
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A US state that has passed a law preventing a union and company from negotiating a contract that requires workers to join a union as a condition of employment
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Site Factors
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Location factors related to the costs of factors of production inside the plant, such as land, labor and capital
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Situation Factors
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Location factors related to the transportation of materials into and from a factory
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Textile
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A fabric made by weaving, used in making clothing
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