A | B |
break-of-bulk point | a location where transfer is possible from one mode of transportation to another |
bulk-gaining industry | an industry in which the final product weighs more or comprises a greateer volume than the inputs |
bulk-reducing industry | an industry in which the final product weighs less or comprises a lower volume than the inputs |
cottage industry | manufacturing based in homes rather than in a factory, commonly found before the Industrial Revolution |
fordist | form 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 teh process of manufacturing goods |
labor-intensive industry | an industry for which labor costs comprise a high percentage of total expenses |
Maquiladora | factories built by US companies in Mexico near the US 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 countries |
post-fordist | adoption by companies of flexible work rules, such as the allocation of workers to teams that perform a variety of tasks. |
right-to-work state | a US 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 teh 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 |