UNIT 7 - CH 18 Flashcards
Agglomeration
A process involving the clustering or concentrating of people or activities. The term often refers to manufacturing plants and business that benefit from close proximity because they share skilled-labor pools and technological and financial amenities
Assembly line
Production method that breaks down a complex job into a series of smaller tasks
Automation
The use of technology to ease human labor to extend the mental or physical capabilities of humans
Break-of-bulk point
A location where large shipments of goods are broken up into smaller containers for delivery to local markets
Bulk-gaining industry
An industry in which the final product weighs more or compromises a greater volume than the inputs
Bulk-reducing industry
Industry in which the final product weighs less or compromises a lower volume than the inputs cottage industries small-scale industries based in the home
Dual economy
An economy in which the population is divided by economic disparities into two groups, one prosperous and the other near or below the poverty level
Economic sectors
“Sections” of an economy. The sectors are primary, secondary, tertiary, quaternary, and quinacrine sectors
First Industrial Revolution
Beginning in Great Britain in the 1780’s which gave rise to textiles, railroads, iron, and coal
Industrial parks
An area zoned and planned for the purpose of industrial development
Industrial Revolution
Series of improvements in industrial technology that transformed the process of manufactured goods
Interchangeable parts
Identical components that can be used in place of one another in manufacturing
Just-in-time delivery
Shipment of parts and materials to arrive at a factory moments before they are needed
Least-cost theory (Weber)
Model developed by Alfred Weber according to which the location of manufacturing establishments is determined by the minimization of three critical expenses: labor, transportation, and agglomeration
Mass production
Production of goods in large numbers through the use of machinery and assembly lines