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WorksheetsAmsco chapter 15 vocabulary
Total questions: 27
Worksheet time: 14mins
Industrial Revolution
A series of improvements in industrial technology that transformed the process of manufacturing goods
A policy of extending a country's power and influence through diplomacy or military force
Production method that breaks down a complex job into a series of smaller tasks
System of standardized mass production attributed to Henry Ford
System of standardized mass production attributed to Henry Ford
Production method that breaks down a complex job into a series of smaller tasks
System of standardized mass production attributed to Henry Ford.
A policy of extending a country's power and influence through diplomacy or military force
The portion of the economy concerned with the direct extraction of materials from Earth's surface, generally through agriculture, although sometimes by mining, fishing, and forestry.
assembly line
The portion of the economy concerned with transportation, communications, and utilities, sometimes extended to the provision of all goods and services to people in exchange for payment.
An effect in economics in which an increase in spending produces an increase in national income and consumption greater than the initial amount spent.
Production method that breaks down a complex job into a series of smaller tasks
A hypothetical portion of the earth's surface assumed to be an unbounded, uniformly flat plain with uniform and unvarying distribution of population, purchasing power, transport costs, accessibility, and the like.
fordism
the tendency to substitute one factor of production for another in order to achieve optimum plant location
System of standardized mass production attributed to Henry Ford.
the portion of the economy concerned with the direct extraction of materials from Earth's surface, generally through agriculture, although sometimes by mining, fishing, and forestry.
The portion of the economy concerned with transportation, communications, and utilities, sometimes extended to the provision of all goods and services to people in exchange for payment.
substitution priciple
High profile, visible locations often in expensive downtown office buildings
A descriptive term applied to manufacturing activities for which the cost of transporting material or product in not important in determining location of production; an industry or firm showing neither market nor material orientation.
The practice of exporting U.S. jobs to lower paid employees in other nations.
the tendency to substitute one factor of production for another in order to achieve optimum plant location
post-fordism
An effect in economics in which an increase in spending produces an increase in national income and consumption greater than the initial amount spent.
Adoption by companies of flexible work rules, such as the allocation of workers to teams that perform a variety of tasks.
Sector that includes jobs that focus on business services, such as trade, insurance, banking, advertising, and wholesaling
(syn. external economies) The savings to an individual enterprise derived for locational association with a cluster of other similar economic activities, such as other factories or retail stores.
primary sector
The portion of the economy concerned with manufacturing useful products through processing, transforming, and assembling raw materials.
The portion of the economy concerned with transportation, communications, and utilities, sometimes extended to the provision of all goods and services to people in exchange for payment.
The portion of the economy concerned with the direct extraction of materials from Earth's surface, generally through agriculture, although sometimes by mining, fishing, and forestry.
Sector that includes jobs that focus on business services, such as trade, insurance, banking, advertising, and wholesaling
secondary sector
The portion of the economy concerned with transportation, communications, and utilities, sometimes extended to the provision of all goods and services to people in exchange for payment.
The portion of the economy concerned with manufacturing useful products through processing, transforming, and assembling raw materials.
Sector that includes jobs that focus on business services, such as trade, insurance, banking, advertising, and wholesaling
Service sector industries that require a high level of specialized knowledge or technical skill. Examples include scientific research and high-level management.
tertiary sector
Sector that includes jobs that focus on business services, such as trade, insurance, banking, advertising, and wholesaling
Service sector industries that require a high level of specialized knowledge or technical skill. Examples include scientific research and high-level management.
Adoption by companies of flexible work rules, such as the allocation of workers to teams that perform a variety of tasks.
The portion of the economy concerned with transportation, communications, and utilities, sometimes extended to the provision of all goods and services to people in exchange for payment.
Quarternary Sector
Service sector industries that require a high level of specialized knowledge or technical skill. Examples include scientific research and high-level management.
Sector that includes jobs that focus on business services, such as trade, insurance, banking, advertising, and wholesaling
The portion of the economy concerned with transportation, communications, and utilities, sometimes extended to the provision of all goods and services to people in exchange for payment.
A policy of extending a country's power and influence through diplomacy or military force.
quinary sector
The portion of the economy concerned with the direct extraction of materials from Earth's surface, generally through agriculture, although sometimes by mining, fishing, and forestry.
Model developed by Alfred Weber according to which the location of manufacturing establishments is determined by the minimization of three critical expenses: labor, transportation, and agglomeration.
Service sector industries that require a high level of specialized knowledge or technical skill. Examples include scientific research and high-level management.
An industry in which the final product weighs less or comprises a lower volume than the inputs.
multiplier effect
A descriptive term applied to manufacturing activities for which the cost of transporting material or product in not important in determining location of production; an industry or firm showing neither market nor material orientation
(syn. external economies) The savings to an individual enterprise derived for locational association with a cluster of other similar economic activities, such as other factories or retail stores
A series of improvements in industrial technology that transformed the process of manufacturing goods.
An effect in economics in which an increase in spending produces an increase in national income and consumption greater than the initial amount spent.
agglomeration economies
The practice of exporting U.S. jobs to lower paid employees in other nations.
A descriptive term applied to manufacturing activities for which the cost of transporting material or product in not important in determining location of production; an industry or firm showing neither market nor material orientation.
(syn. external economies) The savings to an individual enterprise derived for locational association with a cluster of other similar economic activities, such as other factories or retail stores.
An industry in which the final product weighs more or comprises a greater volume than the inputs.
isotropic plain
A part of most corporations where tasks dedicated to running the company itself take place. Outside the CBD.
A hypothetical portion of the earth's surface assumed to be an unbounded, uniformly flat plain with uniform and unvarying distribution of population, purchasing power, transport costs, accessibility, and the like
A simple graphic model in Weberian analysis to illustrate the derivation of the least-transport-cost location of an industrial establishment.
Theory that industries choose locations based on where their competitors are located.
least cost theory
A decision by a corporation to turn over much of the responsibility for production to independent suppliers.
The portion of the economy concerned with transportation, communications, and utilities, sometimes extended to the provision of all goods and services to people in exchange for payment.
(syn. external economies) The savings to an individual enterprise derived for locational association with a cluster of other similar economic activities, such as other factories or retail stores
Model developed by Alfred Weber according to which the location of manufacturing establishments is determined by the minimization of three critical expenses: labor, transportation, and agglomeration.
locational triangle
Industry with high demands for abundant, cheap sources of power that need to be near power plants or dams.
An industry in which the final product weighs more or comprises a greater volume than the inputs.
A simple graphic model in Weberian analysis to illustrate the derivation of the least-transport-cost location of an industrial establishment
Theory that industries choose locations based on where their competitors are located.
bulk-reducing industry
An industry in which the final product weighs less or comprises a lower volume than the inputs
And industry for which labor costs compromise a high percentage of total expenses
A descriptive term applied to manufacturing activities for which the cost of transporting material or product in not important in determining location of production; an industry or firm showing neither market nor material orientation.
An industry in which the final product weighs more or comprises a greater volume than the inputs.
Bulk-gaining industry
High profile, visible locations often in expensive downtown office buildings
Shipment of parts and materials to arrive at a factory moments before they are needed
The practice of exporting U.S. jobs to lower paid employees in other nations.
An industry in which the final product weighs more or comprises a greater volume than the inputs.
energy-oriented industry
Industry with high demands for abundant, cheap sources of power that need to be near power plants or dams.
System of standardized mass production attributed to Henry Ford.
A simple graphic model in Weberian analysis to illustrate the derivation of the least-transport-cost location of an industrial establishment.
The portion of the economy concerned with transportation, communications, and utilities, sometimes extended to the provision of all goods and services to people in exchange for payment.
labor-oriented industry
Industry with high demands for abundant, cheap sources of power that need to be near power plants or dams.
And industry for which labor costs compromise a high percentage of total expenses
Theory that industries choose locations based on where their competitors are located.
The practice of exporting U.S. jobs to lower paid employees in other nations.
locational interdependence
A series of improvements in industrial technology that transformed the process of manufacturing goods.
Theory that industries choose locations based on where their competitors are located.
The portion of the economy concerned with the direct extraction of materials from Earth's surface, generally through agriculture, although sometimes by mining, fishing, and forestry.
A simple graphic model in Weberian analysis to illustrate the derivation of the least-transport-cost location of an industrial establishment.
Just-in-time delivery
An industry in which the final product weighs less or comprises a lower volume than the inputs
Model developed by Alfred Weber according to which the location of manufacturing establishments is determined by the minimization of three critical expenses: labor, transportation, and agglomeration.
the tendency to substitute one factor of production for another in order to achieve optimum plant location
Shipment of parts and materials to arrive at a factory moments before they are needed
footloose
A descriptive term applied to manufacturing activities for which the cost of transporting material or product in not important in determining location of production; an industry or firm showing neither market nor material orientation.
High profile, visible locations often in expensive downtown office buildings
An industry in which the final product weighs more or comprises a greater volume than the inputs.
A hypothetical portion of the earth's surface assumed to be an unbounded, uniformly flat plain with uniform and unvarying distribution of population, purchasing power, transport costs, accessibility, and the like
front offices
A part of most corporations where tasks dedicated to running the company itself take place. Outside the CBD.
The practice of exporting U.S. jobs to lower paid employees in other nations.
High profile, visible locations often in expensive downtown office buildings
A decision by a corporation to turn over much of the responsibility for production to independent suppliers.
back offices
System of standardized mass production attributed to Henry Ford.
A part of most corporations where tasks dedicated to running the company itself take place. Outside the CBD.
Industry with high demands for abundant, cheap sources of power that need to be near power plants or dams.
Service sector industries that require a high level of specialized knowledge or technical skill. Examples include scientific research and high-level management.
offshoring
The practice of exporting U.S. jobs to lower paid employees in other nations.
A decision by a corporation to turn over much of the responsibility for production to independent suppliers.
A part of most corporations where tasks dedicated to running the company itself take place. Outside the CBD.
A descriptive term applied to manufacturing activities for which the cost of transporting material or product in not important in determining location of production; an industry or firm showing neither market nor material orientation.
Outsourcing
Industry with high demands for abundant, cheap sources of power that need to be near power plants or dams.
A hypothetical portion of the earth's surface assumed to be an unbounded, uniformly flat plain with uniform and unvarying distribution of population, purchasing power, transport costs, accessibility, and the like
Service sector industries that require a high level of specialized knowledge or technical skill. Examples include scientific research and high-level management.
A decision by a corporation to turn over much of the responsibility for production to independent suppliers
