The weight of the raw materials and the finished product should determine the location of the production facility. [22] Maquilas pay at much higher rate than the minimum wage in most markets since there is a lot of competition for the best workers, and workers will not work without transportation and other bonuses. A. Maquiladoras date back to 1964, when the Mexican government introduced the Programa de Industrializacin Fronteriza ('Border Industrialization Program'). A series of improvements in industrial technology that transformed the process of manufacturing goods. Businesses running such manufacturing operations benefit from free trade agreements and tax advantagesTax AdvantagesTax Advantage are the types of investments or saving plans that benefit tax exemption, deferred tax, and other tax benefits. [20] Maquiladoras, in general, are best represented among operations that are particularly assembly intensive. [citation needed], A 2011 Federal Reserve report indicated that the maquiladora industry affects U.S. border city employment in service sectors. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Copyright 2023 . Term. Students cultivate their understanding of human geography through data and geographic analyses as they explore topics like patterns and spatial organization, human impacts and interactions with their environment, and spatial processes and societal changes. ", Decree for Development and Operation of the Maquiladora Industry, United States Environmental Protection Agency, Dominican RepublicCentral America Free Trade Agreement, "Manufacturing in Mexico: The Mexico In-Bond (Maquila) Program", "Inside Mexico's Maquiladoras: Manufacturing Health Disparities", "The Maquiladora Workers of Juarez Find Their Voice", "Mexico's Maquiladoras: Abuses Against Women Workers", "New River Pollution in Mexico, A Historical Overview", "Yucatan: Mexico's other maquiladora frontier", The Globalization of Korean Industry: Korean Maquiladoras in Mexico, Article on worker-run maquiladora in El Salvador, International Museum of Women Feature on Maquiladoras, https://en.wikipedia.org/w/index.php?title=Maquiladora&oldid=1151871082. Capital also generally refers to financial wealth, especially that used to start or maintain a business. they have an advantage of cheap labor, export assembled products to the United States by export, and an import of product components. [14] Although the maquiladora industry suffered due to the early 2000s recession, maquiladoras constituted 54% of the US-Mexico trade in 2004, and by 2005, the maquiladora exports accounted for half of Mexico's exports.
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