Industry
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| 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 |
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Created by:
Weston Sandfort
on 2009-03-31