Industrialization

Industrialization is the act of increasing the establishment of various industries in a country or in an area.

A basic feature of industrialization is a factory system in which a high degree of technology and power-driven machinery are used in the manufacturing and production processes.

It is in this lucid manner that this book will teach you industrialization.

It clearly explains the types of industry. They include the industries that engage in agriculture, mining, manufacturing, transportation, communication, education, energy generation and health.

It analyzes the location of industries. It throws light on the factors that influence the location of industries.

It appraises the localization of industries. It sheds light on the credit and debit sides of localization of industries.

It evaluates the role of industrialization in the economic development of a country.

It discusses the strategies of industrialization. They include import substitution, export promotion, balanced growth, local sourcing of raw materials, agricultural-led industrialization, and large-scale and small-scale strategies.

It examines the problems of industrialization in the developing countries.

And it explores the indigenization policy aimed at creating more opportunities for indigenous businessmen, at encouraging them to own and control many indigenous enterprises, and at enabling foreigners to own and control enterprises that produce only capital or producers¿ goods.

Dettagli