Terms : Hide Images
| 273665894 | Acid Rain | rain containing acids that form in the atmosphere when industrial gas emissions | |
| 273665895 | Aluminum Industry | An industry that uses different forms of energy (mostly hydro) to help with the metal making process which produces aluminum products. | |
| 273665897 | Factors of Production | land, labor, and capital; the three groups of resources that are used to make all goods and services | |
| 273665899 | Location of Aluminum Industry | more towards central US | |
| 273665902 | Assembly Line | mechanical system in a factory whereby an article is conveyed through sites at which successive operations are performed on it | |
| 273665904 | Fordism | system of standardized mass production attributed to Henry Ford | |
| 273665906 | Production | the act or process of producing something | |
| 273665908 | Bid Rent Theory | geographical economic theory that refers to how the price and demand on real estate changes as the distance towards the Central Business District (CBD) increases. | |
| 273665910 | Break-of-Bulk Point | A location where transfer is possible from one mode of transportation to another. | |
| 273665912 | Canadian Industrial Heartland | Canada has a sizable manufacturing sector, centred in Central Canada, with the automobile industry especially important. | |
| 273665915 | Carrier Efficiency | An organization that provides communications and networking services. A communications and networking "service provider." See common carrier and private carrier | |
| 273665917 | Deglomeration | The process of industrial deconcentration in response to technological advances and/or increasing costs due to congestion and competition. | |
| 273665919 | Deindustrialization | process by which companies move industrial jobs to other regions with cheaper labor, leaving the newly deindustrialized region to switch to a service economy and to work through a period of high unemployment | |
| 273665920 | Fixed Costs | Costs that do not vary with the quantity of output produced | |
| 273665922 | Footloose Industry | a company with no allegiance or ties to a country or a location that, therefore, can move its primary location | |
| 273665924 | Four Tigers | S. Korea, Taiwan, Singapore, and Hong Kong played an increasingly important role as well as in the global economy. | |
| 273665927 | Industrial Location Theory | Alfred Weber, the selection of optimal factory locations has much to do with the minimization of land, labor, resource, and transportation costs, variable-cost framework that affects location of factory sites | |
| 273665931 | Industrial Regions place | placed where the raw materials that are needed are located | |
| 273665933 | Industrial regions fuel source | wherever raw materials are located | |
| 273665937 | industrial regions characteristics | if in cities: crowded, dirty, loud | |
| 273665938 | Industrial Revolution | Change in technology, brought about by improvements in machinery and by use of steam power | |
| 273665940 | Industry Receding | industries losing profit and becoming smaller, shrinking | |
| 273665942 | Industry Growing | indsutry becoming larger and expanding | |
| 273665945 | Infrastructure | the stock of basic facilities and capital equipment needed for the functioning of a country or area | |
| 273665947 | International Division of Labor | The process where the assembing procedures for a product are spread out through different parts of the world | |
| 273665949 | Labor-Intensive | Type of industry in which labor cost is a high percentage of expense. | |
| 273665951 | Least-Cost Location | A site chosen for industrial development where total costs are theoretically at their lowest, as opposed to location at the point of maximum revenue | |
| 273665954 | Major Manufacturing Regions | 1. Eastern Anglo America, 2. Western and Central Europe, Eastern Europe, and Eastern Asia (see map given out in class), The rise of flexible production systems, business process outsourcing, and downsizing. | |
| 273665956 | Manufacturing Exports | The place in which the production and manufacturing of goods is exported. | |
| 273665958 | Manufacturing | making products to sell | |
| 273665960 | Warehouse | a storehouse for goods and merchandise | |
| 273665962 | Industrial parks | areas communities have set aside for industrial uses | |
| 273665964 | Agglomeration | a jumbled collection or mass | |
| 273665966 | Shared Services | consolidates all individuals from all business units into a single organization, run centrally, and utilized by each business unit. | |
| 273665968 | Zoning | dividing an area into zones or sections reserved for different purposes such as residence and business and manufacturing etc | |
| 273665970 | Transportation | the act of transporting something from one location to another | |
| 273665971 | Taxes | fees for the support of government required to be paid by people and businesses | |
| 273665972 | Environmental Considerations | physical boundaries, location to marker from industry, transportation | |
| 273665973 | Maquiladora | Factories built by US companies in Mexico near the US border to take advantage of much lower labor costs in Mexico. | |
| 273665974 | 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 product; it is synonymous with the marketing concept | |
| 273665975 | Multiplier Effect | An effect in economics in which an increase in spending produces an increase in national income and consumption greater than the initial amount spent. | |
| 273665976 | NAFTA | A trade agreement between Canada, the United States and Mexico that encourages free trade between these North American countries. | |
| 273665977 | Outsourcing | The procuring of services or products, such as the parts used in manufacturing a motor vehicle, from an outside supplier or manufacturer in order to cut costs | |
| 273665978 | Plant Location | factory is located close to market and supplier to reduce need for stalk items, and supplies, "Just in time" delivery. | |
| 273665979 | "Just in time" Delivery | reliably getting products there just before the customer needs them | |
| 273665980 | Postindustrial | of or relating to a society or economy marked by a lessened importance of manufacturing and an increase of services, information, and research | |
| 273665981 | Refrigeration | the process of cooling or freezing | |
| 273665982 | Resource Crisis | When resources for a national or global market run low. | |
| 273665983 | Resource Orientation | tendency for an industry or other type of economic activity to locate close to its resources | |
| 273665984 | Special Economic Zones (China) | Specific area within a country in which tax incentives and less stringent environmental regulations are implemented to attract foreign business and investment. | |
| 273665985 | Substitution Principle | Principle that maintains that the correct location of a production facility is where the net profit is the greatest. Therefore in industry, there is a tendency to substitute one factor of production (e.g., labor) for another (e.g., capital for automated equipment) in order to achieve optimum plant location. | |
| 273665986 | Threshold/Range | The population required to make provision of services economically feasible./In economic geography and central place theory, the minimum market needed to support the supply of a product or service | |
| 273665987 | Time-Space Compression | through processes such as globalization time is accelerated and the significance of space is reduced | |
| 273665988 | Complementarity Trade | two regions (through an exchange of raw materials and/or finished products) can satisfy each other's needs (U.S. and Canada) | |
| 273665989 | Transnational Corporation | A company that conducts research, operates factories, and sells products in many countries, not just where its headquarters or shareholders are located. | |
| 273665990 | Variable Costs | expenses that change with the number of products produced | |
| 273665991 | Alfred Weber | German geographer who was a major theorists of industrial location. He devised a model of how to understand industrial locations in regard to several factors, including labor supply, markets, resource location, and transpiration. | |
| 273665992 | Weight-gaining | finished products weigh more than raw materials, so the factory needs to be close to the market | |
| 273665993 | Weight-losing | raw materials weigh more than the finished product, so the factory needs to be close to the resources |
