Manufacturing
foreign owned factories in Mexico
What is a maquiladora?
A point where goods are transferred from one mode of transportation to another
What is Break in Bulk?
Smaller, very specific purpose of producing exported goods
What is an export processing zone? (EPZ)
A location where different modes of transportation converge, allowing for the exchange of passengers and cargo between them
What is a transportation hub?
What is agglomeration?
An economic system characterized by mass production, standardized goods, and high worker wages
Areas where countries encourage foreign corporations to colcate to, with promises of low/no taxes and incentives
When companies don't keep large amounts of inventory on hand, and make items on request
What is just in time delivery?
A trade agreement between Canada, Mexico, and the United States that delimited most tariffs and trade barriers between the three countries, creating a free-trade zone
What is the North American Free Trade Agreement? (NAFTA)
Flexible production systems, products and materials are made in various places around the world, and shipped as demand occurs
What is post-fordist?