Secondary industries in developing countries
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Secondary industries in developing countries. Definition of secondary industries. Definitions. Manufactured goods . Product elaborated from an industrial process. Industry transforms raw materials into new goods. Natural resource. Resource provided by nature

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Secondary industries in developing countries

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Secondary industries in developing countries

Definition of secondary industries


Definitions

  • Manufactured goods. Product elaborated from an industrial process. Industry transforms raw materials into new goods.

  • Natural resource. Resource provided by nature

  • Raw materials. Substances transformed in an industrial process

  • Energy sources. Any substance, animal or human being capable of providing energy.


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Secondary industries in developing countries

Industry in LEDCs


Industry in LEDCs

  • In many LEDCs , there are few industries and they don’t offer too many jobs.

  • We can classify industry in “formal” and “informal” sectors.

  • The “formal” sector offers jobs with regular waged employment (regular salary). Normal wages are low. Employees work a lot of hours.

  • The “formal” sector is usually manufacturing. Often transnational enterprises are the ones that export all products and invest lots of money

  • The “informal” sector is usually work in small scale manufacturing (family enterprise located at home). Low investment and irregular wages . Provide local demand (builders, dress and furniture repairs...). Not secure


Industry in LEDCs

  • LEDCs can’t increase the “formal” sector due to lack of money, investments and infrastructure (power supplies and transport networks). As a result of that, the “informal” sector increases a lot due to population growth.

  • In conclusion, LEDCs are trapped in this cycle and it’s difficult to improve the secondary activities and many people try to migrate to a rich country


Secondary industries in developing countries

NICs and BRIC


NICs

  • After the Second World war, several countries of South East Asia promoted industrialization (cars, electronics...) with foreign investments (from developed countries). They have become NICs (newly industrialised countries).

  • These countries were Singapore, Taiwan, South Korea and Hong Kong (they were called the “four tigers”). They are small countries and they don’t have energy sources or raw materials

  • In recent years you can add Vietnam, Thailand, Malaysia and Indonesia .


BRIC

  • BRIC means Brazil, Russia, India and China

  • They all are big countries and have a lot of inhabitants.

  • They have raw materials and energy sources

  • Their economy has increased a lot in recent years (e.g. China grew by 10% in 2005)

  • Foreign enterprises (transnational) and the State invest in the energy sector and manufacturing.


BRIC

  • China produces clothes , shoes... And has a great reserves of coal

  • Brazil has oil

  • India produces electronics and has started making cars.

  • Russia exports gas


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