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15 Cards in this Set

  • Front
  • Back
Break-of-bulk point
A location where transfer is possible from one mode of transportation to another.
Bulk-gaining industry
An industry in which the final product weighs more or comprises a greater volume than the inputs.
Bulk-reducing industry
An industry in which the final product weighs less or comprises a lower volume than the inputs.
Cottage industry
Manufacturing based in homes rather rather than in a factory, commonly found before the Industrial Revolution.
Form of mass production in which each worker is assigned one specific task to perform repeatedly.
Industrial Revolution
A series of improvements in industrial technology that transformed the process of manufacturing goods.
Labor intensive industry
An industry for which labor costs comprise a high percentage of total expenses.
Factories built by U.S. companies in Mexico near the U.S border, to take advatnage of much lower labor costs in Mexico.
New international division of labor
Transfer of some types of jobs, especially those requiring low-paid less skilled workers, from more developed to less developed countries.
Adoption by companies of flexible work rules, such as the allocation of workers to teams that erform a variety of tasks.
Right-to-work state
A U.S 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.
Site factors
Location factors related to the costs of factors of production inside the plant, such as land, labor, and capital.
Situation factors
Location factors related to the transportation of materials into and from a factory.
A fabric made by weaving, used in making clothing.
Trading bloc
A group of neighboring countries that promote trade with each other and erect barriers to limit trade with other blocs.