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human geo industry

TermDefinition
Agglomeration economies The advantage of companies in the same or similar industries to locate near each other in order to take advantage of the specialized labor, materials, and services.
Ancillary activities Economic services and functions that surround, support, and service large-scale industries and agglomerations.
Break-of-bulk point Locations where it is more economical to break raw materials into smaller units before shipping them further.
Bulk-gaining industry Raw materials cost less to transport than finished goods
Cottage industry A small-scale, decentralized manufacturing system where goods are produced by hand or with low technology, typically in homes rather than factories.
Cumulative causation A theory explaining how initial economic advantages in a region trigger self-reinforcing cycles of growth, attracting more investment, labor, and infrastructure while widening disparities with lagging areas.
Deglomeration dispersion of businesses from a crowded, central area
Footloose an industry that can manufacture from anywhere
Fordist a 1900s industry model based on Henry Ford’s assembly line
Industrial Revolution A boom in industrialization starting in Great Britain 1700s and spreading globally eventually
Just-in-time delivery a manufacturing strategy where factories receive materials only as they need them
Labor-intensive industry an industry where labor is the primary cost and the work is simple but strenuous
Least-cost theory Industries Locate their factories in a way that they can reduce costs the most
Maquiladora A factory in Mexico that is owned by a foreign country and which exports its products exclusively to that foreign country
New international division of labor The shift of manufacturing of low skill and wage jobs from Core countries to Periphary and Semi-periphary countries
North American Free Trade Agreement (NAFTA) A trade agreement between the US, Mexico, and Canada that helps facilitate trade between these countries
Outsourcing To obtain necessary goods/services for a business from a foreign supplies, rather than more locally
Post-Fordist A decentrallized manufacturing system allowing for greater flexibility that traditional assembly line manufacturing (Fordist)
Right-to-work laws Laws that way workers don't have to join or pay a union to get a job
Right-to-work states States that have right-to-work laws, making it easier for companies to hire non-union workers
Site factors Reasons a business decides to build a factory in a location
Situation factors Reasons a business chooses a location based on what is around it (like transportation, markets, or other businesses)
Sweatshops Factories with unsafe conditions and long work hours
Textile A cloth or fabric for clothes
Transnational Corporations Large companies that operate in multiple different countries
Created by: user-1967547
 

 



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