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Industry

Rubestien Ch. 11

QuestionAnswer
Break-of-bulk point 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 input
Cottage industry manufacturing based in homes rather than in a factory, commonly found before the Industrial Revolution
Fordist from 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 labor cost in a high percentage of expense
Maquiladora factories built by 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 those requiring low-paid less skilled workers, from more developed to less developed workers
Post-Fordist adoption by companies of flexible work rules, such as the allocation of workers to teams that perform a variety of task
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 a fabric made by weaving, used in making clothing
Trading Bloc a group of neighboring countries that promote trade with each other and erect barriers to limit trade with other blocs
Created by: kcbtrouble