industrialization and economic development nicole, noah, lauran
TRANSCRIPT
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Industrialization and Economic Development
Nicole, Noah, Lauran
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Types of Jobs
Primary- AgricultureSecondary- ManufacturingTertiary- ServicesQuaternary- InformationQuinary- Executive
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Four Asian Dragons
South KoreaSingaporeTaiwanHong Kong
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Rostow’s Development Model1. Traditional Society- high percentage of people in
agriculture2. Preconditions for takeoff- new technology and
infrastructure3. Takeoff- Rapid growth in textiles and food
products4. Drive to Maturity- more skilled and specialized
workers5. Age of Mass Consumption- Economy switches
from heavy industry to consumer goods
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DEFINITIONS
Gender Empowerment Measure (GEM)- compares the ability of women and men to participate in economic and political decision making.
Gender-Related Development Index (GDI)- Compares the level of development of women with that of both sexes.
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Industrial Revolution
Began in the United Kingdom in the late 1700s.Began in the United States in the 1800s
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Bulk-gaining industry- located near the market (beverages)Bulk-reducing industry- located near the sources of output (steel)
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Shipping and costs
Truck - short distance delivery with low costs Trains - holds more than trucks and faster delivery Ships - slower than land based but for sea based transportationAir - fastest and safest but most expensive
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Definitions Industrial Revolution- A series of
improvements in industrial technology that transformed the process of manufacturing goods.
Cottage Industry- Home-based manufacturing system.
Maquiladora- factories built by U.S. companies in Mexico near the U.S. border.