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Industry

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Question
Answer
Break-of-bulk point   Location where transfer is possible from one mode of transportation to another  
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Bulk-gaining industry   Industry in which the final product weighs more or comprises a greater volume than the inputs  
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Bulk-reducing industry   Industry in which the final product weighs less or comprises a lower volume than the inputs  
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Cottage industry   Manufacturing based in homes rather than in a factory, commonly found before the industrial revolution  
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Fordist Production   Form of mass production in which each worker is assigned one specific task to perform repeatedly  
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Industrial Revolution   Series of improvements in industrial technology that transformed the process of manufacturing goods  
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Labor-Intensive Industry   Industry for which labor costs comprise a high percentage of total expenses  
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Maquiladora   Factories built by USA 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 those requiring low-paid less skilled workers, from more developed to less developed countries  
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Post-Fordist   Adoption by companies of flexible work rules, such as the allocation of workers to teams that perform a variety of tasks  
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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  
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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   Fabric made by weaving, used in making clothing  
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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: WestonSandfort
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