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Unit VI: 18 to 36

Omitted some words

Fair trade An alternative to international trade that emphasizes small businesses and worker-owned and democratically run cooperatives and requires employers to pay workers fair wages, permit unionization, and comply with minimum environmental and safety standards
Cottage Industry/Domestic System Home-based manufacturing system
Textiles A cloth, fabric
Bulk-gaining industry An industry in which the final product weighs more or comprises a greater volume than the inputs
Bulk-reducing industry An industry in which the final product weighs less or comprises a lower volume than the inputs
Break-of-bulk point A location where transfer is possible from one mode of transportation to another.
Just in time delivery Shipment of parts and material to arrive at a factory moments before they are needed
Labor-intensive industry An industry for which labor costs comprise a high percentage of total expenses
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
Outsourcing A decision by a corporation to turn over much of the responsibility for production to independent suppliers
Weber's least cost theory Model developed by Alfred Weber according to which the location of manufacturing establishments is determined by the minimization three critical expenses: labor, transportation, and agglomeration
Agglomeration Clustering of manufacturing plants or business in the same area to provide assistance to each through shared talent, services, and facilities
Deglomeration Manufacturing plant or businesses leaving crowded urban centers and moving to another location
Site Exact location of a place
Situation The location of a place relative to other places
Created by: 3163650
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