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15 Cards in this Set
- Front
- Back
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International monetary fund |
Organization which gives loans to poor countries |
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Industrial revolution |
Social knocking on the changes in agriculture commerce and manufacturing that results in room technological innovations in specialization in late 18th century Europe |
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Intermodal connections |
Places were two more modes of transportation meet |
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Just in time delivery |
Method of inventory management made possibly buy efficient transportation and communication systems |
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Least cost theory |
location of manufacturing establishments is determined by the minimization of three critical expenses labor transportation and agglomeration |
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Newly industrializing countries |
States that underway industrialization after World War II and his economies have grown at a rapid pace |
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Offshore |
With reference to production to outsource to a third-party located outside of the country |
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Product life cycle |
The introduction, growth, maturation, and decline of a product |
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Rust belt |
The post industrial region of the northeast and Midwest referring to its economic decline, population loss, and urban decay due to shrinking up at once powerful industrial sector |
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Spatial fix |
The movement of production from one site to another based on the place best cost advantages of the new site |
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Sun belt |
The south and southwest regions of the US where the climate is warm |
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technopole |
Centers or nodes of high tech research and activity around the high technology corridor |
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Vertical integration |
Ownership by the same firm of a number of companies that exist a long variety of points on a commodity chain |
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World trade organization |
Organization of 100+ governments who work to promote freer trade among member states |
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Outsourced |
With reference to production to turn over to a third-party in part or in total |
