It Industry Case
Essay by WongKianTat • December 11, 2012 • Essay • 523 Words (3 Pages) • 1,527 Views
Once upon a time, industry sector is the engine of growth in Malaysia. A lot of efforts have been put in achieving a fast progress in industry sectors. It is a target of all country including Malaysia. Development of industries sector will bring a lot of benefit and advantage for the country and their people.
Developing of industries sector has boosted the economic. In addition to the money outflow, this development not only reduces the country expense, it also increases the country income due to the increment in the export rate. According to the Malaysia budget, the export rate increase every year. Electronic appliances is the main export product for the country, meanwhile other manufacturing products also achieve an outstanding results in export.
Certainly the biggest advantage of industrialization is that it eases the daily responsibilities and tasks of people by placing most of the bulk of tasks on technology and other resources. Industrialization also opens the door to lots of employment opportunities which, in turn, also open the door to establishing businesses to satisfy the needs of those employed by the industry. In all, everyone is equally satisfied and well-compensated with industrialization.
To me, the main advantage of industrialization is not any of the things mentioned in the first answer. I think that the main advantage comes from the fact that industrialization gives us many more goods that can be bought at affordable prices. When the economy industrializes, things get to be made more quickly and in greater quantity. This means that the price of these things can go down and that many more things can be made. This allows us to buy more things than we could before. This is why, for example, we can afford many more shirts that are mass produced than we could if tailors were making each one by hand.
The most evident advantage of industrialization would be the development of wealth or capital. Industrialization generated a great deal of wealth for many people. Workers were able to find a source of work that could expand to employ more people. Factory owners experienced more of a wealth bounce from industrialization. I would also suggest that another advantage of industrialization was the movement to a more urbanized setting. Prior to industrialization, individuals lived apart from one another and in distant settings. With most of the factories being located in the cities, individuals were able to move to these areas and become closer to one another with greater physical examples of community being formed. Finally, I would say that the development of roads, canals, and changes in how information was relayed as well as the improvements in transportation ended up being a result of industrialization because of the desire to move goods to farther reaches of the nation. Underscoring all of these is the fact that in order for any nation to emerge into a concept of modernization and contemporary settings
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