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THE WORLD'S INDUSTRIAL AREAS (HISTORICAL INDUSTRIAL REGIONS (US, Japan…
THE WORLD'S INDUSTRIAL AREAS
HISTORICAL INDUSTRIAL REGIONS
US, Japan, European Union
Advanced high technology
Declining due to offshoring to emerging countries (although the headquarters are in the developed ones)
High spending power
EMERGING COUNTRIES
The BRICS, Australia, New Zealand
These countries are growing due to:
Exploitation of natural resources
for example Russia: recovered from the collapse of communism thanks to its natural resources
Globalisation
cheap labour
cheap low-tech products
products for export
when they start to develop and get capital
set up high-tech industries (like developed countries)
start offshoring to underdeveloped countries
LEAST INDUSTRIALISED AREAS
Sub-Saharian countries (the poorest on Earth)
Limited industrialisation
Lack of
resources
development
markets
communication
some start to develop because of the offshoring from emerging countries
Low-tech goods are produced