GEOG 216 Lecture Notes - Lecture 13: System 6, Dearborn, Michigan, Abrasive Blasting

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Geog 216 post-fordism, the division of labour and. Fordism: after great recession, this is changing, once window is open, firms relocate to those hubs. Assembly: aluminum shaft, bauxite mining aluminum production of shaft shared step of final assembly with wood blade, from final assembly it goes to wholesale retail consumer. Input-output system for production: each step is a moment in the division of labour: downstream flows, much more about agglomeration near where the larger markets are going to be. 2: vertical dimension, roundaboutness, number of interconnected steps between the production of raw materials on which the economy is based and the production of final outputs. 3: transactions are no longer internal to the firm, transactions are determined by price mechanisms, specialized producers buy and sell among themselves in networks of externalized transactions governed by market forces, ac = f(x) = tc/x, u-shaped curve:

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