Chapter 11 Flashcards
Phenomenon of economic activity congregating and or close to a single location, rather than being spread out uniformly across space.
Agglomeration
Arrangement of tools, machines, and workers in which a product is assembled by having each perform a specific successive operation on an incomplete unit as it passes by in a series of stages organized in a direct line
Assembly-line
Point of location where transfer among transportation modes is is possible
Break of bulk point
Industry that makes something that gain volume or wait during production
Bulk gaining industry
Wealth, whether in money or property, owned or employed in a business by an individual, firm, or corporation
Capital
Homebase to manufacturing and example of this is textile manufacturing
Cottage industry
Highly organized and special I system for organizing industrial production and labor. Named after automobile Producer Henry Ford, Fordist production features assembly-line production of standardized components for mass consumption, where each worker is assigned one specific task to perform repeatedly
Fordist
World economic system characterized by a more flexible set of production practices with specialized products in which goods are not mass produced; instead, production has been accelerated and dispersed around the globe by multinational companies that shift production, outsourcing it around the world and bringing places closer together in time and space then would have been imaginable and the beginning of the 20th century
Post Fordist
Revolution that transformed how goods are produced for society and the way people obtain food, clothing, and shelter.
Industrial revolution
Type of industry in which labor cost is A high percentage of expense
Labor-intensive
Model developed by Alfred Weber according to which the location of manufacturing establishments is determined by the minimize Asian of three critical expensive labor, transportation, and agglomeration
Least cost theory
A logical attempt to explain the locational pattern of an economic activity and manner in which it is producing areas are interrelated the agricultural location theory contained in the von Thunen model is a leading example
Location theory
A decision by a corporation to turn over much of the responsibility for production to independent suppliers
Out sourcing
Characteristics that result from the unique characteristics of a location, such as land, labor, and capital.
Site factors
Characteristic that involve transporting materials to and from a factory
Situation factors