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Industry - LeBlanc

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Word
Definition
break-of-bulk point   a location where transfer among transportation modes is possible  
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bulk-gaining industry   makes something that gains volume or weight during production  
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bulk-reducing industry   an economic activity in which the final product weighs less than its inputs  
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cottage industry   home-based manufacturing  
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fordist   form of mass production in which each worker is assigned one specific task to perform repeatedly  
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Industrial Revolution   a series of improvements in industrial technology that transformed the process of manufacturing goods  
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labor-intensive industry   an industry in which labor costs comprise a high percentage of total expenses  
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Maquiladora   factories built by the U.S. companies in Mexico near the U.S. border, to take advantage of much lower labor costs in Mexico  
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New international division of labor   transfer of some types of jobs, especially the ones with lower pay and skill from MDC to LDC  
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Post-Fordist   adoption by companies of more flexible work rules  
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Right-to-work state   a U.S. state that has passed a law preventing a union and company from negociating a contract that requires a worker to join a union as a condition of employment  
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site factors   location factors related to the costs of factors of production inside the plant, such as land labor and capital  
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situation factors   location factors related to the transportation of materials into and from a factory  
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textile   a fabric made by weaving, used to make clothing  
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trading bloc   a group of neighboring countrys that agree to trade with one another and erect barriers to limit trade with other blocs  
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