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WB vocab chp 11
Question | Answer |
---|---|
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 than the inputs |
Bulk-reducing industry | An industry in whoch the final product weighs less than the inputs |
Cottage industry | Manufacturing based in homes rather than in facyorys found in Industrial Revoulution |
Fordist Production | Form of mass production in which each worker is assigned one specific task to perfom repeatedly |
Industrial Revolution | A series of improvments in industrial technology that transformed the process of manufacturing goods |
Labor-Intensive industry | An industry where labor cost comprise a high percentage of total expenses |
Maquiladora | U.S factories built or near the mexican or us border to take advantage of low labor cost |
New International Divison of labor | transfer spme types of jobs espically those requiring low paid, less skilled workers from MDCS to LDCS |
Outsourincg | A decision by a corporation to turn over much of the responsiblity for production on independent suppliers |
Post-Fordist Movement | Adoption by companies of flexible work rules such as the allocation of workers to teams that perform various tasks |
Right-to-work state | A US satate that has passed a law preventing a union or company from neogationg a contract that requires workers to join a union as a conditon employment |
Site-factors | location factors cost of factors of production inside the plant |
Situation factors | Location factors related to the tranportation of materials into and from a factory |
Textile | a fabric made by weaving used to make clothes |