Transportation
Manufacturers of fabricated products, such as cars and computers, use parts and raw materials. Parts and materials frequently arrive at a factory, often daily or even hourly.
What is Just-in-Time delivery?
North American automobile production accounts for 23% of total worldwide annual production. Fabricated metal products are shipped to Texas and to an outside country, then returned as finished goods for sale in the state.
What are Mexico and Maquiladoras?
The creation of Iphones heavily depends on the global supply chain, along with several allied transcontinental corporations. (Two terms, which each correspond to the two parts of the sentence.)
Offshoring and Outsourcing
In 1980, 68% of the world's steel was manufactured in developed countries. By 2021, that figure dropped to 19%. This shift of manufacturing perfectly describes what phenomenon?
What is the New International Division of Labor?
Proposal as an alternative to the international trade model of development and as a way to promote sustainability.
What is Fair Trade?
Important and rush deliveries - Legal documents, jewelry, valuable artwork, etc.
What is an airplane?
This describes the phenomenon of industry jobs leaving the US and Europe and offshoring and outsourcing to developing countries.
What is the New International Division of Labor?
At the turn of the century, this was produced three times a day; it was crucial to Americans and Europeans, and circulation wars raged over its distribution. It was a vital link between government, business, and the community at large. Today, it is still produced and must be delivered on time, but there are now substitutes that are more popular.
What are Perishable-Products: Newspapers?
As a result of increasing factories and land costs, Mr. Siemple has moved his production of maps to his own house, making changing his type of industry.
What is a cottage Industry?
GNI per capita is increasing; Mean years of education have increased; Life expectancy has increased
Indicators of Progress
Order of Transportation methodologies, in relation to cost (Highest Cost to Lowest)
What are Airplanes, Trucks, Trains, and Ships?
A industry that requires large machines to function, but little labor is used.
Capital Intensive Industry
A modernized production methodology, in which workers are assembled into teams to complete several interconnected tasks.
What is Post-Fordist Production?
Creates something that gains volume or weight during production
What is a Bulk-Gaining Industries?
Advocates contend that the government should sharply reduce taxes so that people and businesses can revive the economy by spending their tax savings.
What is the austerity strategy?
Assume a product is shipped to the Denver International Airport before then being delivered to a house with a truck. The Denver International Airport is a...
Three Site Factors
What are Labor, Capital, and Land?
A system of production that requires very little human capital. This system became a predominant factor in America's dominance in 20th-century manufacturing.
What is Fordist Production?
The mining, refining, and smelting of copper ore are textbook examples of this type of industry.
What is a Bulk-Reducing Industry?
Traditional Society - high percentage in agriculture; Preconditions for takeoff - investment in technology and infrastructure; takeoff - rapid growth in a few economic activities; drive to maturity - technology diffuses to other industries; age of mass consumption - shift from heavy industry to consumer goods
What is Rostow's International Trade Model?
Connected the East Coast with the West Coast; created a National Market; caused the creation of six time zones inside the United States; Sears & Roebuck, and Montgomery Ward mail order companies were born using this, was completed and opened for business in 1869.
What is the Transcontinental Railroad?
The Industrial Revolution began in the mid- to late 18th century in England for four important reasons, giving Great Britain a leading edge in the production of goods and trade.
What are coal, deep-water ports, a stable government, and enlightened, educated entrepreneurs in England responsible for in the mid- to late eighteenth century?
The revolution in industrial technology created unprecedented expansion in productivity, resulting in substantially ____________________________.
What are higher standards of living?
What is the opposite of offshoring production to multiple separate companies?
What is Vertical Integration?
This measurement considers development to be a function of three factors: a decent standard of living, a long and healthy life, and access to knowledge. Each country is scored on these three factors, which are then combined into an overall measurement.
What is the Human Development Index?