Process of industrialization in india

Causes Of Illiteracy In India When it comes to laying the blame for the perpetual lackadaisical state of the reading and comprehension levels of the population, the already literate junta is quick to point to the politicians. The politicians on the other hand, blame the people and sometimes even the occasional book publisher for a whole theme park of assaults ranging from lack of teachers to the high price of text books. However, a quick adjustment of perspective, from the micro to the macro and from the immediate to the abstract, puts the spotlight on the combined economic and population management problems in India as being the root cause of an illiterate india. The Population Problem In India As far as reasons for illiteracy in India go, the sheer size of the population in its current state makes raising the level of the literacy as a whole extremely difficult.

Process of industrialization in india

Contact Author Source Industrialization plays a vital role in the economic development of underdeveloped countries. As the historical record shows, the developed countries of the world broke the vicious cycle of poverty by industrializing, rather than focusing on agricultural or the production of national resources.

Currently, Pakistan, as a developing country, wants to achieve a higher standard of living for its people.

Economic Stability

For this reason, it is pursuing policies that support privatization and deregulation of the economy. Industry plays a complex role in economic development, but these are some of its most important effects.

Increase in National Income Industrialization allows countries to make optimal use of their scarce resources. It increases the quantity and quality of goods manufactured in that company, which makes a larger contribution to gross national product GNP. Higher Standard of Living In an industrialized society, workers' labor is worth more.

In addition, because of higher productivity, individual income increases.

INDUSTRIAL REVOLUTION

This rise in income raises the standard of living for ordinary people. Economic Stability A nation that depends on the production and export of raw material alone cannot achieve a rapid rate of economic growth.

The restricted and fluctuating demand for agricultural products and raw materials—along with the uncertainties of nature itself—hampers economic progress and leads to an unstable economy. Industrialization is the best way of providing economic stability.

Improvement in Balance of Payments Industrialization changes the pattern of foreign trade in the country. It increases the export of manufactured goods, which are more profitable in foreign exchange.

But at the same time, processing the raw material at home curtails the import of goods, thereby helping to conserve foreign exchange. The export-orientation and import-substitution effects of industrialization help to improve the balance of payments.

In Pakistan in particular, the exports of semi-manufactured and manufactured goods resulted in favorable trends. Stimulated Progress in Other Sectors Industrialization stimulates progress in other sectors of the economy. A development in one industry leads to the development and expansion of related industries.

For instance, the construction of a transistor radio plant will develop the small-battery industry. This is an example of backward linkage. In another case, the construction of milk processing plants adds to the production of ice cream as well.

Process of industrialization in india

This is forward linkage. Increased Employment Opportunities Industrialization provides increased employment opportunities in small- and large-scale industries. In an industrial economy, industry absorbs underemployed and unemployed workers from the agricultural sector, thereby increasing the income of the community.

Greater Specialization of Labor Industrialization promotes specialized labor. This division of work increases the marginal value product of labor. In other words, specialized labor is more profitable.

Import substitution industrialization | Definition & Critiques | grupobittia.com

The income of a worker in the industrial sector will be higher on average than that of a worker in the agricultural sector. Rise in Agricultural Production Industrialization provides machinery to the farm sectors, including technologies like tractors, thrashers, harvesters, bulldozers, transport, and aerial spray.

The increased use of modern technologies has increased the yield of crops per hectare. The increase in farmers' income boosts economic development more generally.

Greater Control of Economic Activity Industrial activity is easier to control and regulate than agricultural activity. Industrial production can be expanded—or cut down—to respond to the price and cost of, and demand for, a product. Larger Scope for Technological Progress Industrialization provides greater potential for on-the-job training and technological progress.

The use of advanced technology increases the scale of production, reduces costs, improves the quality of the product, and ultimately helps to widen the market. Reduction in the Rate of Population Growth In a somewhat roundabout way, industrialization leads to smaller families.

Surplus workers migrate from the farm sector to industries, which are mostly situated in urban centers. Cities have better sanitation facilities, and health care is more widely available there. Through the adoption of family-planning measures, people reduce the rate of population growth overall.

Increased Savings and Investments Because industrialization increases workers' income, it also enhances their capacity to save.Industrialization plays a vital role in the economic development of underdeveloped countries. As the historical record shows, the developed countries of the world broke the vicious cycle of poverty by industrializing, rather than focusing on agricultural or the production of national resources.

"India has some key advantages for manufacturing, such as a demographic dividend, expanding consumption and the accelerating development of the information technology sector.

At the same time, the country faces challenges such as a high illiteracy rate . The table below presents an abbreviated geologic time scale, with times and events germane to this essay. Please refer to a complete geologic time scale when this one seems inadequate.

INDUSTRIAL REVOLUTION. SEE ALSO, Europe Transformed Author: Lewis Hackett Date: Industrialization: The First Phase. Most products people in the industrialized nations use today are turned out swiftly by the process of mass production, by people (and sometimes, robots) working on assembly lines using power-driven machines.

Shortcomings and critiques of ISI

the act or process of industrializing: the widespread development of industries in a region, country, culture, etc. Industrialization and modern insect control have improved the quality of life around the globe, but they have also added some , chemical compounds that, some.

"Vivek Chibber's "Locked in Place" is a brilliant, benchmark study of the developmental state and its dilemmas. Over the past two decades there has been a steady move away from systematic class analysis of state strategies toward state-centric approaches.

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