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Industry: vocabulary

AB
maquiladoraMexican plant that imports US parts, assembles them, and exports the final product back to the US
industrymanufacturing of goods in a factory
Industrial Revolutionseries of improvements in technology that transformed the process of manufacturing goods
cottage industryhome-based manufacturing
putters-outdropped off cotton and wool, then picked up finished products
situation factorsinvolve the transportation of materials to and from a factory
bulk-reducing industryinputs weigh more than the final product
bulk-gaining industryfinal product weighs more
break-of-bulk pointlocation where transfer among transportation modes is possible
site factorsland, labor, and capital
labor-intensive industrywages and compensation constitute a high percentage of expenses
capital-intensive industrylower than average percetage of expenses is on labor
textileswoven fabrics
spinsterunmarried women who spun cloth
right-to-work lawscompanies cannot make workers join a union
new international division of laborselective transfer of some jobs to LDCs
outsourcingturning over much of the responsibility for production to independent suppliers
vertical integrationcompany controls all phases of a highly complex production process
Fordisteach worker completes one specific task repeatedly
post-Fordistteams, problem-solving, and leveling are used in production


Social Studies Teacher
Land O' Lakes High School
Land O' Lakes, FL

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