Examine the causes and consequences of the rise of manufacturing in NIC's  NIC's are countries which were formerly classified as less developed, but which is becoming rapidly industrialize
Extracts from this essay...
Examine the causes and consequences of the rise of manufacturing in NIC's  NIC's are countries which were formerly classified as less developed, but which is becoming rapidly industrialized. The first wave of countries to be identified as newly industrializing included Hong Kong, South Korea, Singapore, and Taiwan. These countries underwent rapid industrial growth in the 1970s and 1980s, attracting significant financial investment, and are now associated with high-technology industries. More recently, Thailand, China, and Malaysia have been classified as newly industrializing countries. The main causes of NIC's having a rise in manufacturing industries are that companies situate in the NIC because the ground rent is much lower than in their original location and also the national wage is much lower in an NIC so they can afford more workers therefore they can produce more stock and faster rates and greatly improve their profits. There are a high number of workers in an NIC who would migrate if there were a new job opportunity in the country because they maybe poor and need the extra income the transnational companies can offer to support their families.
This pollution not only has an effect on the environment but it can also become a health risk. Also there are a number of factories that willingly discharge toxic waste into rivers and into landfill sites, this can contaminate food chains and soils. This being another health risk to humans, and also to the environment and wildlife. These are all consequences of an uncontrolled industrial growth. A rise of manufacturing industries can have an effect on the employment structure in MEDC's, when companies see the cheap labour in these countries they will situate in the NIC's talking jobs away from the MEDC's leaving a trail of unemployment in the original country of production, because they can make more profit in the NIC's. Also in NIC's there are less safety issues and regulations so a company can save money and time with safety checks etc. this can cause more accidents and injuries in the work place.
The population in rural areas will have an increased dependence on the remittances from the urban workers. The consequences for urban areas are that in-migration leads to rapid development of shanty towns, increased birth rates and population growth, with the large amount of people migrating to the urban areas there is a concentration of unemployed and poor people in shanty towns, with a large amount of people living in such poor and dirty conditions there is an increase in diseases. There are high rates of crime and illiteracy in the poor housing areas. Also the people who do manage to get a job have to work in unsatisfactory working conditions (sweatshops), and have to work long hours. Most of the profits go overseas so the country does not receive a large amount of profit for the industries being situated there. Large schemes can increase national debt for example Brazil. The raw materials are usually exported rather than manufactured locally and the energy costs may lead to a national debt. ?? ?? ?? ??
Found what you're looking for?
- Start learning 29% faster today
- Over 150,000 essays available
- Just £6.99 a month
- Over 180,000 student essays
- Every subject and level covered
- Thousands of essays marked by teachers