APHUG Vocabulary Words
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Maquiladora | show 🗑
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show | A series of improvements in industrial technology that transformed the process of manufacturing goods.
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Cottage Industry | show 🗑
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show | Location factors related to the transportation of materials into and from a factory.
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Inputs | show 🗑
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show | An industry in which the final product weighs less or comprises a lower volume than the inputs.
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Bulk-Gaining Industry | show 🗑
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Break-of-Bulk Point | show 🗑
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Site Factors | show 🗑
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show | An industry for which labor costs comprises high percentage of total expenses.
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Textiles | show 🗑
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show | Items of extensive value, or that being applied to the amount of wealth a person controls. Goods may be acquired with money or financial capital. Capital also generally refers to financial wealth, especially that used to start or maintain a business.
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Right-To-Work Laws | show 🗑
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New International Division of Labor | show 🗑
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show | Turning over much of production responsibilities to independent suppliers. (Commonly found in transnational corporations allocating production in low-wage countries).
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Fordist Production | show 🗑
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show | Adoption by companies of flexible work rules, such as the allocation of workers to teams that perform a variety of tasks.
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show | Grouping together of many firms from the same industry in a single area for collective or cooperative use of infrastructure and sharing of labor resources.
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Deindustrialization | show 🗑
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show | The cost advantages that a business obtains due to expansion.
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show | A form of tourism, based on the enjoyment of scenic areas or natural wonders, that aims to provide an experience of nature or culture in an environmentally sustainable way.
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Infrastructure | show 🗑
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Footloose Industry | show 🗑
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Alfred Weber's Least Cost Theory | show 🗑
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show | A production strategy that strives to improve a business return on investment by reducing in-process inventory and associated carrying costs.
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show | Geographical economic theory that refers to how the price and demand on real estate changes as the distance towards the Central Business District (CBD) increases.
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show | Series of links connecting the many places of production and distribution and resulting in a commodity that is then exchanged on the world market.
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Entrepôt | show 🗑
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show | Union and company may not negotiate a contract that requires workers to join a union as a condition of employment.
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Closed Shop: Right-To-Work Laws | show 🗑
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