Question: What Are The Factors Affecting Industrialisation In Developing Countries?

What are the 5 factors of industrialization?

They are land, labor, capital, technology and connections..

What are the four factors of productivity?

Economists divide the factors of production into four categories: land, labor, capital, and entrepreneurship. The first factor of production is land, but this includes any natural resource used to produce goods and services.

What are the factors affecting work?

Factors affecting the level of job satisfaction are;Working Environment.Fair Policies and Practice.Caring Organization.Appreciation.Pay.Age.Promotion.Feel of Belongings.More items…

What are the positive and negative effects of industrial revolution?

As an event, the Industrial Revolution had both positive and negative impacts for society. Although there are several positives to the Industrial Revolution there were also many negative elements, including: poor working conditions, poor living conditions, low wages, child labor, and pollution.

What are the main problems of Industrialisation in India?

Industrialization in India: Problems and ObstaclesPoor Capital Formation: … Political Factors: … Lack of Infrastructural Facilities: … Poor Performance of the Agricultural Sector: … Gaps between Targets and Achievements: … Dearth of Skilled and Efficient Personnel: … Elite Oriented Consumption: … Concentration of Wealth:More items…

What are the 7 factors of industrialization?

Terms in this set (7)Natural resources. Become goods, Raw materials.Capital. needed to pay for the production of goods, Stable currency.Labor supply. Used to make goods, High birth rate.Technology. Better ways to make more and better goods, Electricity = more production power.Consumers. … Transportation. … Government support.

Is industrialization good or bad?

Industrialization is mostly good for the economy. Mass production of goods puts people to work, and the goods are cheaper so more people can buy them. … Industrialization contributes to negative environmental externalities, such as pollution, increased greenhouse gas emission, and global warming.

What are the advantages and disadvantages of Industrialisation?

Advantages and Disadvantages of IndustrializationThe growth of industries has resulted in large scale production of goods which are available to the consumer at much cheaper rates.There is saving of time and labor.Industrialization has resulted in a considerable rise in the standard of living of the people.A number of substitutes in consumer goods are available.More items…•

How did environmental factors contribute to industrialization?

There are four primary impact points when it comes to industrialization — air, water, soil and habitat. The biggest problem is air pollution, caused by the smoke and emissions generated by burning fossil fuels.

What are examples of industrialization?

Industrialization occurs when industry is introduced on a large scale to a region or country — for example, when an economy goes from being based on agriculture to being based on manufacturing and other industries.

What problems did the Industrial Revolution cause?

Poor workers were often housed in cramped, grossly inadequate quarters. Working conditions were difficult and exposed employees to many risks and dangers, including cramped work areas with poor ventilation, trauma from machinery, toxic exposures to heavy metals, dust, and solvents.

What are the four factors that contributed to industrialization in Britain?

3. What were four factors that contributed to industrialization in Britain? The four factors was water power, Iron, rivers and harbors.

What are the factors affecting industrialization?

Factors Influencing Industrial Productivity (Six Factors)(i) Technological Development:(ii) Quality of Human Resources:(iii) Availability of Finance:(iv) Managerial Talent:(v) Government Policy:(vi) Natural Factors:

What are the factors that hinder industrialization?

Some of the drawbacks included air and water pollution and soil contamination that resulted in a significant deterioration of quality of life and life expectancy. Industrialization also exacerbated the separation of labor and capital.

What are the factors affecting productivity?

8 Factors Affecting Productivity in an OrganizationMan Power: Selection i.e. selection of right man for a specific job Applying well known saying division of labour. … Equipment and Machines: … Input Materials: … Time: … Floor Area or Space: … Power or Energy: … Finance: … Movement of Man and Materials:

What two factors can increase productivity?

Here are five factors that can help improve productivity as told by Intuit Market:Efficiency. … Support and goal setting. … Working conditions. … Trust and training. … Think forward with your staff. … The greater good.

What was needed for industrialization?

There are several factors that led to industrialization. One factor is the availability of natural resources. Natural resources are needed to help make the products produced in the factories. A second factor is having a stable political environment.

Why do we need industrialization?

Industrialization generates employment opportunities, provides educational opportunities, encourages advancement and innovation, and better utilizes resources. All of these benefits and more make industrial development extremely valuable to a population and the local economy.

How does industrialization help the economy?

Industrialization has been instrumental in the economic development of the world. The process has improved productivity and allowed for mass production, which has increased standards of living.

What are the three factors of industrialization?

Characteristics of industrialization include economic growth, more efficient division of labor, and the use of technological innovation to solve problems as opposed to dependency on conditions outside human control.

What factors drive successful industrialization evidence and implications for developing countries?

Our analysis reveals that successful industrialization is driven by a combination of factors, including a country’s initial economic conditions, factor endowments and other characteristics, such as demography and geography. We also show that other variables that policymakers can control play a crucial role.