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INDUSTRY AND GLOBALLISATION (II) THE WORLD´S INDUSTRIAL AREAS (THE LEAST…
INDUSTRY AND GLOBALLISATION (II)
THE WORLD´S INDUSTRIAL AREAS
EMERGING COUNTRIES
ARE LED BY
BRICS GRUOP FOLLOWED BY
AUSTRALIA AND NEW ZEALAND
OTHER SECONDARY EMERGING COUNTRIES
THEY ARE HIGHLY DEVELOPED AND GROWING INDUSTRIALISATION IS DUE TO:
EXPLOITATION OF THEIR ABUNDANT NATURAL RESOURCES
GLOBALISATION
TAKING ADVANTAGE OF THEIR CHEAP LABOUR FORCE TO SET UP FACTORIES INTENDED TO PRODUCE CHEAP LOW OR MEDIUM TECH
PRODUCT FOR EXPORT TO DEVELOPED COUNTRIES
CAPITAL AND TECHNOLOGY ACQUIRED, THEY CAN SET UP HIGH TECH INDUSTRIES INTENTED FOR THEIR EXTENSIVE LOCAL MARKET
RUSSIA HAS LOST ITS GLOBAL INDUSTRIAL RANKING; SINCE THE BEGINNING OF 21st CENTURY, THEY HAD RECOVERED IT, EXPLOITING THE NATURAL RESOURCES.
THE HISTORICAL INDUSTRIAL REGION:
UNITED STATES, JAPAN AND EUROPEAN UNION CONTINUE BEEN THE WORLD´S THREE MOST IMPORTANT INDUSTRIAL AREAS.
BENEFIT FROM THEIR ADVANCED TECHNOLOGY AND THE HIGH SPENDING POWER OF THEIR LOCAL MARKET.
HIGH TECH AND INNOVATIVE INDUSTRY ARE IMPORTANT.
A LARGE OF BUSINESSES HAVE THEIR HEADQUARTERS IN THESE REGIONS.
HOWEVER, INDUSTRY IN THESE REGIONS IS IN DECLINE, AND THE LOSS OF PART OF THE CONSUMERS GOOD AND EQUIPMENT INDUSTRIES TO EMERGING COUNTRIES.
THE LEAST INDUSTRIALISED AREAS
ARE LOCATED IN SUB-SAHARAN AFRICAN, THE POOREST COUNTRIES IN EARTH.
THE CAUSES OF THEIR LIMITED INDUSTRIALISATION ARE
LACK OF RESOURCES OR CAPITAL FOR INDUSTRIAL DEVELOPMENT
LIMITED MARKETS
ISOLATION DUE TO POOR COMMUNICATIONS
FACTORIES PRODUCING LOW TECH GOODS ARE BEING SET UP IN SOME OF THESE COUNTRIES
BY BUSSINESSES FROM EMERGING COUNTRIES.
