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What are two reasons why labour was a problem? Serious shortage Labour costs had increased Depend on foreign labour. What are two reasons why there was competition? Countries like Malaysia and Indonesia had a large population so they did not have a shortage of labour
Labour costs had increased
Depend on foreign labour
Countries like Malaysia and Indonesia had a large population so they did not have a shortage of labour
Labour costs were cheaper
Countries like Taiwan and Hong Kong produced better quality goods
The shift from labour-intensive, low technology industries to capital intensive, high technology industries to produce high value-added goods.
How does wage increase help in industrial restructuring?
When wages are increased,the pressure to use machines and to manage labour efficiently would be stronger
Workers to take pride in their work and be more productive so that better quality goods were produced and services were carried out efficiently
In 1979, National University of Singapore increased its intake of engineering students
Polytechnics expanded their intake greatly
Fund to upgrade workers’ skills
Purpose : So that Singapore labour force would be highly skilled and workers could be retrained so as to stay employed
Science Park was developed to house various R&D firms and various government research institutes
Manufacturing firms involved in R&D were given tax incentives
Close cooperation between universities and industries
Refers to newer planned industrial areas which consist of industrial, commercial and office facilities.
So that these firms in the parks will be able to carry out R&D, manufacturing, selling and distribution of manufactured goods all in the same park. This is to promote efficiency and lower cost.
Industrial areas for factories that manufacture highly sophisticated parts for computers and other electronic equipment.
What are three examples ofimprovement in support services? What purpose did they serve?
Big air cargo
Purpose : to support the manufacturing industries to help Singapore become a business centre in SEA
Because they require a large number of highly-educated and creative employees.
Practical – encouraged foreign participation in its early years of independence.
Efficient – successfully implemented many policies
Far-sighted – it has been able to foresee new problems and to draw up plans to solve them