Maquiladora
Factories built by US companies in Mexico near the US border, to take advantage of much lower labor costs in Mexico
NAFTA (North American Free Trade Agreement)
...
Industrial Revolution
A series of improvements in industrial technology that transformed the process of manufacturing goods
Cottage Industry
Manufacturing based in homes rather than in a factory, commonly found before the Industrial Revolution
Textile
A fabric made by weaving, used in making clothing
Bulk-reducing Industry
A industry in which the final product weighs less or comprises a lower volume than the inputs
Bulk-gaining Industry
A industry in which the final product weighs more or comprises a greater volume than the inputs
General Motors
...
Single-market Manufacturers
...
Perishable Products
...
Break-of-bulk Point
A location where transfer is possible from one mode of transportation to another
Site Factors
Location factors related to the costs of factors of production inside the plant, such as land, labor, and capital
Labor Intensive Industry
An industry for which labor costs comprise a high percentage of total expenses
Fordist Production
Form of mass production in which each worker is assigned one specific task to perform repeatedly
Post-Fordist Production
Adoption by companies of flexible work rules, such as the allocation of workers to teams that preform a variety of tasks
Capital
...
Footloose
...
Silicon Valley
The major center of computer software, semiconductors, and other computer products in the south San Francisco Bay area in California
Stagnant Demand
...
Worldwide Capacity
...
Trading Bloc
A group of neighboring countries that promote trade with each other and erect barriers to limit trade with other blocs
New International Division of Labor
Transfer of some types of jobs, especially those requiring low-paid less skilled workers, from more developed to less developed countries
FDI (Foreign Direct Investment)
...
TNC (Transnational Corporation)
A company that conducts research, operates factories, and sells products in multiple countries, not just where its headquarters or shareholders are located
EPZ (Export Processing Zones)
...
Agglomeration
...
Outsourcing
...
Just-In-Time Delivery
...
Core
...
Semi-Periphery
...
Periphery
...