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Chapter 11 Industry
Question | Answer |
---|---|
A clustering of businesses or industries that can support each other. | agglomeration |
An industry in which the final product weighs less or comprises a lower volume than the inputs. | bulk-reducing industry |
An industry in which the final product weighs more or comprises a greater volume than the inputs. | bulk-gaining industry |
Manufacturing based in homes rather than in a factory, commonly found prior to the Industrial Revolution. | cottage industry |
Form of mass production in which each worker is assigned one specific task to perform repeatedly. | Fordist production |
A series of improvements in industrial technology that transformed the process of manufacturing goods. | Industrial Revolution |
An industry for which labor costs comprise a high percentage of total expenses. | labor-intensive industry |
Factories built by U.S. companies in Mexico near the U.S. border to take advantage of much lower labor costs in Mexico. | Maquiladora |
Shipment of parts and material to arrive at a factory moments before they are needed. | Just-in-time deliver |
A decision by a corporation to turn over much of the responsibility for production to independent suppliers or other companies. | outsourcing |
A fabric made by weaving, used in making clothing. | textile |
When industrial facilities leave an area, taking that region’s economic base with them | deindustrialization |
Large companies that have offices or divisions around the world. | Transnational corporations |
According to this theory, the most important cost in determining industry location is _____________. | transportation |
Proposed an economic theory regarding the location of factories in relation to the market and the raw materials. | Alfred Weber |
North American Free Trade Agreement | NAFTA |
The world's biggest fabric producing countries due to their low cost of labor | China and India |
Examples of a bulk-reducing industry | copper and steel production |
Examples of a bulk-gaining industry | beverage bottling and automobile manufacturing |
Nickname for the former heavy industrial region of the United States, where many factories have closed down. | rust-belt |
Businesses that can easily pack up and move to another location (such as a real estate office) | footloose businesses |
Sites with abandoned factories | brownfields |
Hubs (agglomerations) for information-based industry and high-tech manufacturing | techopoles |
Country that today is the world's leading producer of steel | China |