The advantages and disadvantages of industrialization

There where new inventions, ways of producing goods, and techniques in trade and agriculture that changed the world. It caused major migrations from rural areas to big cities, due to all of the new oppurtunities that emerged in those areas. The way that people lived and the way businesses run where forever changed during this period of time. Just like a coin, there are two sides to everything.

The advantages and disadvantages of industrialization

What are the disadvantages of industrialization? Wide spread, persistent Ground, Air, and Water Pollution.

Advantages and disadvantages of industrialization essay

The economy is dependent on the industries being able to sell everything they produce at an affordable price. Child Labour in unbelievable bad conditions. But then things could be worse…, you could be thrown into debtor prison or transported to a far part of the world MORE What are the advantages and disadvantages of Nationalized Industries?

Before nationalization of banks credit was concentrated to few hands and this formed industrial monopoly. No person than b…ig industrialist could get loan and advances. Agriculture sector is back bone of Pakistan.

This sector was neglected and there was no credit facility available to agriculture sector before nationalization. Nationalization was necessary because small scale industry was completely neglected by the private banks.

The private banks did not attract more saving as nationalized banks could. So the banks were nationalized for increasing the habits of savings. In order to avoid income tax, the people kept black money with banks. The government could not do anything with such black money. The tax collection was not possible.

For the solution of this problem, the banks were nationalized. Commercial banks exploited there employs in different ways.

Industrialization | Short advantages and disadvantages of industrialization

For example, only those persons work given jobs in the banks that were able to bring heavy deposit to them. Moreover, the bank employs were promoted on the bases of recommendation and bribery; therefore, the banks were nationalized. In private banks, economy of the country was not increasing due to their antisocial practices, speculation and hoarding.

The country's economy suffered badly.

The advantages and disadvantages of industrialization

In order to solve this problem, banks were nationalized. Answer nationalised industries are industry owned by the government MORE What are the advantages and disadvantages of globalization in small scale industries in India? Markets are interlinked- European Union 2.

The advantages and disadvantages of industrialization

Cheaper Products for Consumer: Trainers are Cheap 3. Leads to Outsourcing in some cases which can lead to job loses: Moving call centers to India. Lowering of international Bariers: Helps prevent market Saturation in a specific market: Widening of Gap between rich and poor countries 3.

Harder for Smaller businesses to establish themselves 4. Income generated in Host country is not always spent in the same country - money earned from supplying cheap call centres in India will not be spent in India but maybe in UK or US.

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MORE Advantages and disadvantages of current scenario of aveation industry? Advantages a Growth opportunities for pilots, service sectors. This is while the inflation is under control and oil prices remain sameAdvantages. The advantages of industrialization are given below: The growth of industries has resulted in large scale production of goods which are available to the consumer at much cheaper rates.

There is saving of time and labor. Industrialization has resulted in . Nov 24,  · Importance of science in day to day life essay americanah essay writing why i love being a man essay essay on the sui tang and song dynasty spinning milli wahdat essays wittgenstein on certainty analysis essay mid term break quote analysis essay politics and sports essay hook analysis evaluation essay essayist molly haswell essay on energy crisis causes and consequences mes loisirs .

Advantages and Disadvantages of Plea Bargaining Cherese Murphy CJA/ May 17, Maxine Craig Advantages and Disadvantages of Plea Bargaining The history of plea bargaining go back to the 19th century; by the second half of the 19th century plea bargaining was somewhat a common practice.

(Siegel, Schmalleger, Worrall , ) However, plea bargaining became more common in the . What were the advantages and disadvantages of the Industrial Revolution?

Some advantages were that the center of economic life shifted fromthe villages to cities where the factories were situated. Somedisadvantages were cities became crowded, smoky , with problems ofslums, housing, sanitaà ­tion, accidents and epidemics. But while the Industrial Revolution improved our quality of life, it also had some drawbacks.

Here are its pros and cons: List of Pros of Industrial Revolution. 1. Industrial Growth It its name implies, the Industrial Revolution allowed industrial growth, fueling economies and actually improving world trade.

The Industrial revolution was a time of rapid growth and change throughout America and Europe. Innovations in machinery, methods, and techniques of producing goods opened up an entirely new world.

More goods where able .

Industrialization | Short advantages and disadvantages of industrialization