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Chapter11 Rubenstein

Industry

QuestionAnswer
Break-of-bulk point Location where transfer is possible from one mode of transportation to another
Bulk-gaining industry Industry in which the final product weighs more or comprises a greater volume than the inputs
Bulk-reducing industry Industry in which the final product weighs less or comprises a lower volume than the inputs
Cottage industry Manufacturing based in homes rather than in a factory, commonly found before the industrial revolution
Fordist Production Form of mass production in which each worker is assigned one specific task to perform repeatedly
Industrial Revolution Series of improvements in industrial technology that transformed the process of manufacturing goods
Labor-Intensive Industry Industry for which labor costs comprise a high percentage of total expenses
Maquiladora Factories built by USA 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 countries
Post-Fordist Adoption by companies of flexible work rules, such as the allocation of workers to teams that perform 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
Textile Fabric made by weaving, used in making clothing
Trading bloc Group of neighboring countries that promote trade with each other and erect barriers to limit trade with other blocs
Created by: Weston Sandfort Weston Sandfort on 2009-03-31



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