Agglomeration Industries
An industry that uses agglomeration to gain an economic advantage
Assembly Line
Fordist production that housea an arrangement of workers, machines, and equipment in which the product being assembled passes consecutively from operation to operation until completed .
Break-Of-Bulk
A location where transportated goods switch modes of transportation.
Brownfield
A property which has the presence or potential to be a hazardous waste, pollutant or contaminant.
Bulk-Gaining Industry
An industry in which the final product weighs more or comprises a greater volume than the raw materials used in production.
Bulk-Reducing Industry
An industry in which the final product weighs less or comprises a lower volume than the raw materials used in production.
Capital
Wealth (in terms of money or property) owned or employed in business by an individual, firm, or corporation.
Complementarity
Exists when two regions, through an exchange of raw materials and/or finished products, can specifically satisfy each other's demands.
Cottage Industry
Manufacturing based in homes rather than in a factory, commonly found before the Industrial Revolution.
Deglomeration
The process of industrial de-concentration in response to technological advances and/or increasing costs due to congestion and competition.
Deindustrialization
The reduction of industrial capability or strength; often due to out sourcing labor internationally.
Export Processing Zone
Special area(s) of a country where some normal trade barriers are eliminated and bureaucratic requirements are lowered in hopes of attracting new business and foreign investments. Maquiladoras are a prime example.
Footloose Industry
An industry that doesn't have a storefront. Amazon.com
Fordism (Post-Fordism)
Assembly line production (moving away from assembly lines to out sourcing of labor internationally)
Global Division Of Labor
Currently, labor is concentrated in the periphery and semi-periphery to take advantage of lower labor costs, China, Bangladesh, & Sri Lanka are all examples.
Growth Pole
Industries designed to stimulate growth through the establishment of various supporting industries.
Industrial Inertia
The refusal of a company to leave its original location even when the reasons that made the location suitable or advantageous have disappeared.
Industrial Revolution
A series of improvements in industrial technology that transformed the process of manufacturing goods in the mid 1700's
Infrastructure
The Fundamental facilities and systems serving an area.
Economies Of Scale
Increase in efficiency of production as the number of goods being produced increases.
Labor-Intensive
An industry for which labor costs comprise a high percentage of total expenses.
Weber's Least-Cost Theory
States that best location of manufacturing is where it costs the least.
Location Theory
Theories that explain why industry locates where it does.
Manufacturing Region
A region in which manufacturing activities have clustered together.
Market Orientation
A philosophy that assumes that a sale does not depend on an aggressive sales force but rather on a customer's decision to purchase a product; it is synonymous with the marketing concept.
Mass Production
The production or manufacture of goods in large quantities.
Outsourcing
Moving manufacturing to where it is most cost effective usually internationally.
Primary Industry
An industry that deals with the extraction of raw materials.
Raw Material Orientation
The goal is to lower transportation cost. If a firm's raw materials are quite heavy relative to the weight of the final product, then this orientation is helpful because transport cost are minimized by locating the factories near the raw material sites. E
Site Characteristics
Location factors related to the cost of factors of production inside the plant. (Land, Labor, Capital)
Secondary Industry
Manufacturing businesses that take materials from primary industries and other secondary industries and make them into goods. Taking wood & making paper.
Special Economic Zone
The specific area within a country in which tax incentives and less stringent environmental regulations are implemented to attract foreign business and investment.
Sunbelt
The area where manufacturing has been moving to in the United States.
Technopole
An agglomeration of high tech industries. Usually near a University. Silicon Valley is an example.