| Word |
Definition |
| break-of-bulk point | a 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 inputs |
| cottage industry | home-based manufacturing |
| fordist | form 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 | an industry in which labor costs comprise a high percentage of total expenses |
| 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 |
| New international division of labor | transfer of some types of jobs, especially the ones with lower pay and skill from MDC to LDC |
| Post-Fordist | adoption by companies of more flexible work rules |
| 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 |
| 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 to make clothing |
| trading bloc | a group of neighboring countrys that agree to trade with one another and erect barriers to limit trade with other blocs |
