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Ch 11:industry
Term | Definition |
---|---|
break-of-bulk point | a location where transfer is possible from one mode of transportation to another. |
bulk-gaining idustry | an industry in which the final product weighs more or comprises a greater volume than the input. |
bulk-reducing industry | an industry in which the final product weighs les or comprises a lower volume than the inputs. |
cottage industry | manufacturing based in homes rather than in a factory, commonly found prior to the industrial revolution. |
fordist production | form of mass production in which each workerr is assigned on specific task to perform repeatedly. |
industrial revolution | a series of improvement in industrial technologythat transformed the process of manufacturing goods. |
labor-intensive industry | an industry for which labor costs comprise a high percentage of total expenses. |
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 type jobs, especially those requiring low-paid,less skilled workers,from more developed to less developed countries. |
outsourcing | a decision by a corporation to turn over much of the responsiblity for production to independent suppliers. |
post-fordist production | 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 U.S state that has passed a law preventing a union and company from negotiating a contact that requires workers to join a union as a condition on employement. |
site factors | location factors related to the costs of factors of production inside the plant such as land,labor,and capital. |
situation factors | location factor related the transprtation of materials into and from a factory. |
textile | a fabric madde by weaving used in making clothing. |