4. INDUSTRY AROUND THE WORLD COUNTRIES IN TERMS OF LEVEL OF INDUSTRIALISATION - The worldâ€™s countris can be divided into three categories in terms of level of industrialisation: 1. Industrialised countries - They began developing their industrial ativiies during the First and Second Indusrial Revolutions. - They account for 62% of all wealth generated by production activities. - They focus on technology and in high quality products - Examples: The United States, Japan and Germany 2. Newly industrialised coutries - In recent decades, these countries have begun to develop heavy industry and traditional light industry (clothing, toy industry, shoemaking) - They pay heir large labou force very low salaries. - They have managed to move to the top of the global positions for industrial activity and are beginning to lead technology sectors ( aerospace, aeronautics, consumer electronics and biotechnology)
4. INDUSTRY AROUND THE WORLD 3. Industrialising contries - They have the lowest capacity for industrial production. - They have gone fro an agrarian economy to a service economy without developing their industry first. - The increase in the number of people moving to cities has created the necessity for consumer goods industries (construction materials, food and clothing)
4. INDUSTRY AROUND THE WORLD WEALTH GENERATED BY INDUSTRIAL PRODUCTION 1.
United States - This is the worldâ€™s most industrialised country. - It has an abundance of raw materials and capital. - High level of technological development and skilled labour force. - Industries: iron and steel, textiles, agri-business, chemicals and new technology Japan - Limited raw materials and energy resources. - It is a leading industrial power due to highly skilled labour force and high level of technological development. - Industries: electronics, steel, ships, and motor vehicles. European Union - This is one of the most industrialised region in the world. - This is concentrated in Germany, north-east France, the United Kingdom and northern Italy, regions have an efficient transport network and skiled labour. China - This is called the worldâ€™s factory. - This is now competing to become the leading industrial power on the planet. - Industrial development based on abundant cheap labour. - Their industries are evolving towards higher-value products and more skilled workers