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Chapter 11 Vocab. Industry
Terms in this set (15)
Break-of bulk point
A location where transfer is possible from on mode of transportation to another.
Using little inputs to make a large product.
manufacturing based in homes rather than in a factory; commonly found before the industrial revolution
Form of mass production in which each worker is assigned one specific task to perform repeatedly.
A series of improvements in industrial technology that transformed the process of manufacturing goods.
An industry for which labor costs comprises a high percentage of total expenses
Factories built by U.S. companies in Mexico near the U.S. border, to take advantage of much cheaper 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.
Adoption by companies of flexible work rules, such as the allocation of workers to teams that perform a variety of tasks.
A U.S. state that has passed a low preventing a union and company from negotiating a contract that requires workers to join a union a s a condition of employment.
Location factors related to the costs of factors of production inside the plant, such as land, labor, and capital.
Location factors related to the transportation of materials into and from a factory.
A fabric made by weaving, used in making clothing
A group of neighboring countries that promote trade with each other and erect barriers to limit trade with other blocs
Using a lot to make a little.
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