ch 11 industry Flashcards
agglomeration
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
ancillary activities
Economic activities that surround and support large-scale industries such as shipping and food service
break-bulk point
transfer products from one mode of transportation to another
bulk-gaining industry
process that takes a raw material and creates a heavier finished product
bulk-reducing industry
process that takes a raw material and coverts it into a product that is lighter in weight
cottage industry
A traditional type of manufacturing in the pre-industrial revolution era, practiced on a small scale in individual households as a part-time occupation and designed to produce handmade goods for local consumption.
deglomeration
The process of industrial deconcentration in response to technological advances and/or increasing costs due to congestion and competition.
footloose industry
Industries that are able to shift the location of their facilities in order to take advantage of cheap labor.
fordist production
manufacturing process broken down into differentiated components, with different groups of people performing different tasks to complete the product.
labor intensive
An industry for which labor costs comprise a high percentage of total expenses.
least cost theory
Alfred Weber’s theory of industrial location, explaining and predicting where industries will locate based on cost analysis of transportation, labor, and agglomeration factors.
masquiladora
Factories built by US companies in Mexico near the US border to take advantage of much lower labor costs in Mexico.
textile
fabrics that are woven or knitted; material for clothing
