Chapter 11 - Industry Flashcards
1
Q
break or bulk point
A
transfer of bulk(items) to a different transportation
2
Q
bulk-gaining industry
A
Inputs weigh less than product
3
Q
Bulk-reducing industry
A
input weighs more than product
4
Q
cottage industry
A
factory in home
5
Q
Fordist production
A
like the Ford assembly line, everyone is assigned one task to be preformed repeatedly
6
Q
Labor intensive industry
A
Lots of manual labor
7
Q
Maquiladora
A
Factory built in Mexico by the US to take advantage of the low labor costs
8
Q
Right to work law
A
A US law that prevents a union
