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Related Flashcards
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Cards In This Set
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Maquiladora
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Factories built by U.S. companies in Mexico near the U.S. border, to take advantage of much lower labor costs in Mexico
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Industrial Revolution
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A series of improvements in industrial technology that transformed the process of manufacturing goods
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Bulk-reducing industry
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An economic activity in which the final product weighs less than the inputs
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Bulk-gaining industry
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An economic activity in which the final product weighs more than the inputs
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Break-of-bulk point
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A location where transfer among transportation modes is possible
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Labor-intensive industry
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An industry for which labor costs make up a high percentage of total expenses
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Textiles
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A fabric made by weaving, used in making clothing
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Cottage industry
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Manufacturing based in homes rather than in a factory, commonly found before the Industrial Revolution
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Right-to-work laws
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Require a factory to maintain a so-called "open shop" and prohibit a "closed shop"
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New international division of labor
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Transfer of some types of jobs, especially those requiring low-paid, less-skilled workers, from more developed to less developed countries
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Outsourcing
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Turning over much of the responsibility for production to independent suppliersF
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Fordist production
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Form of mass production in which each worker is assigned one specific task to perform repeatedly
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Post-Fordist production
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Adoption by companies of flexible work rules, such as the allocation of workers to teams that perform a variety of tasks
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