Unit 7- General Flashcards
(31 cards)
Secondary
Factories
Primary
Agriculture, mining
Tertiary
Services
More people in them over the years
Quaternary
Research
Industrial revolution
Moved systems to factories allowed things to be massed produced.
Major manufacturing regions in the world
NE America
Europe north/west
Eastern Europe
East Asia
Cottage industry
Industry in house
Situation factors
Involve transporting materials to and from factory
Site factors
Result form unique characteristics of a location
Land
Labor
Capital
Bulk gaining
Adding to the product
Bulk reducing
Taking away from the product
Transport cheapest to most expensive
Ship
Train
Truck
Plane
Agglomeration
Crusting of like business to reduce cost
Break of bulk point
Is a location where transfer among transportation is possible
Right to work laws
Opposite of joining the union and needing to be a part of the union which is closed shop
Special economic zones
Areas giving different laws to create an economic center
Hong Kong
Shanghai
Four tigers
Aggressive approach to economics South Korea Hong Kong Singapore Taiwan
NAFTA
North American trade federation administration
Makes sure there are no tariffs among the America’s and that you can open a factory anywhere in the America’s.
Maquiladoras
Factories owned by American companies in Mexico on the border. Just out side of just-in time delivery.
Fordiam
Assembly line
Lots of parts
Needs lots of space cheaper because you can specialize workers
Just in time delivery
Only brings in parts you need more expensive higher quality less space need for parts brings part from one factory in quantized of only what they need to make the product.
Outsourcing
Moving jobs elsewhere
Footloose industry
Can be place anywhere
Comparative advantage
Ability of a company to produce a good at a lower cost