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Industry
Rubestien Ch. 11
Question | Answer |
---|---|
Break-of-bulk point | location where transfer among transportation modes is possible |
Bulk-gaining industry | makes something that gains volume or weight during production |
Bulk-reducing industry | an economic activity in which the final product weighs less than its input |
Cottage industry | manufacturing based in homes rather than in a factory, commonly found before the Industrial Revolution |
Fordist | from 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 | labor cost in a high percentage of expense |
Maquiladora | factories built by U.S. companies in Mexico near the U.S. border, to take advantage 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 workers |
Post-Fordist | adoption by companies of flexible work rules, such as the allocation of workers to teams that perform a variety of task |
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 |
Textile | 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 |