industrialization

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Industrialization The process in which a society or country or world transforms itself from a primarily agricultural society into one based on the manufacturing of goods and services.

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IndustrializationThe process in which a society or country or world transforms itself from a primarily agricultural society into one based on the manufacturing of goods and services.SIGNIFICANCE OF INDUSTRIALIZATIONNew energy sources were developed to power the new machinery water, steam, electricity, oil (gas, kerosene)Transportation improvedCommunication improved

CONT.Mass production of goodsDevelopment of factory system of productionDevelopment of capitalism

CLASSIFICATION OF INDUSTRIESThere are two bases for classifying industries:

BASED on ECONOMIC SECTOR

BASED on PRODUCTS THAT ARE PRODUCED BASED ON ECONOMIC SECTORPRIMARY INDUSTRY-Involved in extraction of raw material from the earth.-The raw material extracted via this industry is the basis for the production of other goods; hence other industries depend on this industry.-Primary industries do not process the materials and sell the resources for profit.

BASED ON PRODUCTS THAT ARE PRODUCEDPRIMARY INDUSTRY INCLUDES:

FARMINGMININGFISHING

FORESTRYBASED ON ECONOMIC SECTORSECONDARY INDUSTRY-Involved in extraction of raw material from the earth.-The raw material extracted via this industry is the basis for the production of other goods; hence other industries depend on this industry.-Primary industries do not process the materials and sell the resources for profit.

BASED ON PRODUCTS THAT ARE PRODUCEDSECONDARY INDUSTRY INCLUDES:

FISHING

AUTOMOBILEFOODTEXTILEBASED ON ECONOMIC SECTORTERTIARY INDUSTRY-Neither produce a raw material nor make a product.-Tertiary industries are those that sell and deliver the goods made by secondary industries.-provide services to other people and industries.

BASED ON PRODUCTS THAT ARE PRODUCEDTERTIARY INDUSTRY INCLUDES:

FISHINGAUTOMOBILEFOODTEXTILE

RETAIL SHOPHEALTH SERVICESDELIVERY SERVICESBASED ON ECONOMIC SECTORQUATERNARY INDUSTRY-involved in research and the design of technology and hire scientists, doctors, lawyers and engineers.-Activities associated with this sector include government, culture, libraries, scientific research, education, and information technology.

BASED ON PRODUCTS THAT ARE PRODUCEDFISHINGAUTOMOBILETEXTILERETAIL SHOPHEALTH SERVICES

RESEARCH

List of Countries According to Industrialization Stage Primary Industrialization

Secondary Industrialization

Tertiary Industrialization

Philippine Industrialization Issues and SituationsIn the post-World War II period, the Philippines pursued a strategy of import substitution industrialization, whereby domestic goods are substituted for imports. This strategy required protectionist measures, which led to inefficiencies and the misallocation of resources.

Rampant conversion of agricultural land into golf courses, residential subdivisions, and industrial parks or resorts. In 1993 the nation was losing irrigated rice lands at a rate of 2,300 hectares per year

Environmental damage

Philippines 2000 was the socio-economic program of former President Fidel V. Ramos aims to have the country join the NIC (newly industrializing country) family by the year 2000.

The boom bust pattern characterizes Philippine industrialization and the economy as a whole. The manufacturing sector had been inward looking and it relies on domestic demand for its growth.