Slide 1

Prepared by: (MLS II-A)Ericka Camille CamachoMariah Ysabel DiazKen PampagMarlo FelisartaThea Alonsagay

What is Industrialization?The process by which traditionally nonindustrial sectors of an economy become increasingly similar to the manufacturing sector of the economy.Sustained economic development base on factory production, division of labor, concentration of industries and population in certain geographical areas, and urbanization.ImportanceIncreases the income and betterment of living standardIncreases employment opportunitiesIncreases the international tradeStrengthens and stabilizes the countrys economySocial changeDevelopment of agriculture and other primary producing sectorsTypes of IndustriesManufacturing IndustriesEnergy-Based IndustriesAgro and Forest-Based IndustriesMineral IndustriesTourism IndustriesConstruction IndustriesService IndustriesTransportation IndustriesCommunication Industries

o4Manufacturing IndustriesTurning raw materials into finished products. Factories can produce either consumer or producer products.

Energy-Based Industries

Industries generating energy from water resources, wind, solar, coal, natural oil, gas, bio-gas or any other sources.

Agro and Forest-Based Industries

Farming, forestry, and fishing are among the oldest occupations of humankind.It provides raw materials for other industries.

Mineral Industries

Industries that excavate or process minerals.

Tourism Industries

Tourist lodging, motel, hotel, restaurant, resort, travel agency, skiing, gliding, water rafting, cable car complex, pony-trekking, trekking, hot air ballooning, para-sailing, golf-course, polo, horse-riding, etc.

Construction Industries

Builds offices, factories, and houses. It includes power stations, electricity distributions systems, and communications networks.

Service Industries

It provide services instead of physical goods.Major parts of this sector of the economy are: business services, health care, education, leisure services, and wholesale and retail trade.

Transportation Industries

Airplanes, buses, ships, and any forms of transportation are used for pleasure as well as for business.

Communication Industries

Phones and telephones are used because businesses need efficient communications to keep in touch with their suppliers and costumers.

Stages of IndustrializationRostows definitionFirst stage the traditional economy with only the basic industries of agriculture and mining. Its economy is unproductive and its labor force unskilled. Defines underdeveloped economies.Second stage- infrastructure is constructed and finance is directed towards industry. Agriculture becomes more productive with new technology.Third stage or take off stage rapid growth of technology, new techniques in production. Stimulates growth of other economies. Fourth stages industrial technology is applied to all sections of industry and service sectors developed.Fifth and Final Stage Industry moves from making producer goods to providing consumer goods. Service sector achieves rapid growth.

Top 15 Most Developed Countries in the World

15.Hong Kong and South Korea- HDI: 0.89114. United Kingdom- HDI: 0.892 13. Iceland- HDI: 0.895 12. Sweden- HDI: 0.898 11. Ireland- HDI: 0.899 10. Denmark- HDI: 0.900

9. Singapore- HDI: 0.901 8. Canada- HDI: 0.902 7. New Zealand- HDI: 0.910 6. Germany- HDI: 0.911 5. United states- HDI: 0.914 4. Netherlands- HDI: 0.915 3. Switzerland- HDI: 0.917 2. Australia-HDI: 0.933

NO. 1 MOST DEVELOPED COUNTRY1. Norway- HDI: 0.944

Industrialization in the PhilippinesMain Industrieselectronicsassembly,Business Process Outsourcing,garments, footwear, pharmaceuticals, chemicals,woodproducts,food processing,petroleum refining, fishing

The Philippines and its industrial sector had much potential before; they were considered as early leaders in East Asia. However, neither has lived up to initial expectations. A sophisticated manufacturing sector and a prospect of export-oriented industrialization started to bloom in the 1950s and 1960s. But for the past thirty years, Philippine performance has been unsatisfactoryReasons of industrial declineThe trade liberalization during the 1980s Asian crisis Tightened labor market regulations in the post-Marcos period increased wages in the formal sector