THE WORLD'S INDUSTRIAL AREAS (THE HISTORICAL INDUSTRIAL REGIONS…
THE WORLD'S INDUSTRIAL AREAS
THE HISTORICAL INDUSTRIAL REGIONS
THE USA; JAPAN AND EUROPEAN UNION.
Causes of having the greatest industrialisation
Large businesses have their headquarters here.
Advanced technology, high power spending power of their local markets and innovative industry.
Industry now is declining due to offshoring of heavy industries like:
THE LEAST INDUSTRIALISED AREAS
POOREST COUNTRIES IN THE WORLD.
Causes of limited industrialisation
Lack of resources
Lack of capital for industrial development
Now, factories of low-tech goods are being set up in these countries from emerging countries.
BRICS: BRAZIL, RUSSIA,INDIA,CHINA AND SOUTH AFRICA.; AUSTRALIA AND NEW ZEALAND.
Causes of great industrialisation
Cheap labour force:
produce low or medium-tech products to export to developed countries.
Capital and technology acquired:
set up high-tech industries, intended for their extensive local market or developed countries.
Exploitation of their abundant natural resources.
Multinationals created there, have moved to the most underdeveloped countries with the cheapest labour fource.