StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Small Scales Industries in Developing Nations - Essay Example

Cite this document
Summary
Objective: It is a well known fact that any nation's needs rapid development must to attach great importance on Economic development in all sector of human endeavor. Many nations that were already developed have putting this as one of their primary objective in their line up toward putting their nations forward…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER98.1% of users find it useful
Small Scales Industries in Developing Nations
Read Text Preview

Extract of sample "Small Scales Industries in Developing Nations"

Download file to see previous pages

The United States, and many other countries developed so far, have explored all channels in ensuring that their nations depends solely not on foreign goods entirely, but created many avenues for since many years have developed in all sector of the economy and thus have less dependence on other nation in terms of importing large items, but their Industries of different calibers were put into rapid development. This nation's that developed in terms of Industrialization have begun since many years through establishing Small Scales Industries, and thereafter the transformed these Industries to modern and highly advanced ones with modern innovations and technicalities.

These positive approached they attached to Small Scales Industries has made their nations economically advanced indeed. Japan is yet another country which in many years back was among countries that were having Small Scales Industries. However, in recent years, the country has achieved very significantly toward the transformations of its Industrial sector from Small Scales, to developed industrialized nation. But what is the historical concept of Small Scale Industri. Why for many years Small Scale Industries in developing nations could not yield positive results What are their constraints Why Small Scale Industries in developing nations instead of having being increasing in numbers but always reducing in numbers as a result of closures Who is to blame, the government of these countries, experts, or elites How the problems facing Small Scale Industries in developing nations can be solved And how can these Industries be transformed to developed ones These and other questions will be answered in this research.

Methodology: This will include a collection of theories, concepts and ideas on how the Small Scale Industries are established in developing nations, with compares with those in developed nations. These include scholarly written in books, articles, journals and many other related field which can bring out the authentic facts on the subject matter.Most of the research materials will be found in search machine, where books, journals, interviews, articles and features can also be found. ABOUT SMALL SCALE INDUSTRY IN DEVELOPING NATION Definition: (Sarbajeet K. Sen) "A small-scale industry has been defined as those units that have investment in plant and machinery of up to" (Sarbajeet K. Sen) "Under the medium-scale sector would enable the Government and other authorities to work out definite plans for funding and promoting the industries falling under the category and nurturing them to grow into stronger and larger entities in the long run".

"Developing Country Entrepreneurs need small scale industries to drive their development. The USA, the greatest industrial nation in the world, began its development with horse power, water power and low tech equipment, often made within the

...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Small Scales Industries in Developing Nations Essay”, n.d.)
Small Scales Industries in Developing Nations Essay. Retrieved from https://studentshare.org/miscellaneous/1507315-small-scales-industries-in-developing-nations
(Small Scales Industries in Developing Nations Essay)
Small Scales Industries in Developing Nations Essay. https://studentshare.org/miscellaneous/1507315-small-scales-industries-in-developing-nations.
“Small Scales Industries in Developing Nations Essay”, n.d. https://studentshare.org/miscellaneous/1507315-small-scales-industries-in-developing-nations.
  • Cited: 0 times

CHECK THESE SAMPLES OF Small Scales Industries in Developing Nations

Importance of International Business And Globalisation

Globalization has opened world economy for both developed and developing nations to participate and benefit as it allows nations to trade products and services with each other.... International business increased the rate of exchange with international nations and this reduces the changes of economic failure because of increased exchange of products.... Globalization has accelerated the rate of trade among nations, for instance, by trading with one....
9 Pages (2250 words) Essay

Competitiveness between both Developing and Developed Nations

This paper looks at the evidence from trans-national corporations and specific industries in various nations.... The paper "Competitiveness between both Developing and Developed nations " highlights that China is known to take position six.... The reason is that it has a national advantage over the other nations.... nations like China, Japan, US, UK and Germany.... (Porter, 1998) It is very clear that the factors that determine the competitiveness of nations are quite numerous....
5 Pages (1250 words) Research Paper

The Strategic Growth Plan for an SME

Therefore, it is worthwhile here to say that any large company starts out as small company when some hobbyists become entrepreneurs.... small and Medium Enterprises is therefore the beginning of a giant stride for business strategists and determined entrepreneurs.... Major beneficiaries of the outsourcing boom are the small and Medium Enterprise (SMEs), that effectively means less growth potential for SME sector....
17 Pages (4250 words) Essay

Future Problems of Small-Scale Industries

The present research is an attempt to analyze national policy decisions and industry initiatives affecting the sector, particularly in the developing nations where these industry have considerable economic importance.... ndia, of all the developing nations, was at greatest advantage to cash on falling tariffs under General Agreement on Tariffs and Trade (GATT) in textile and many light engineering, handicraft and other manufacturing units.... Small scale sector has been a dynamics for a nations economic growth affecting rural development, generating employment, ensuring equal distribution of national resources, contributing significantly to the GDP, education and social capital....
7 Pages (1750 words) Essay

Economics of small and medium enterprises

The very existence of SMEs is vital for the overall economic growth of the developing nation of UK.... This essay talks about the actions of the Government of UK, taken in order to revitalize activities of the small and medium scale enterprises (SMEs) in the country.... This essay offers a comprehensive review of the current economic policy of the UK government towards small and medium-sized enterprises.... The successive governments in UK have been witnessing comprehensive policy initiatives for uplifting the small enterprises....
10 Pages (2500 words) Essay

Globalization and its effects on developing nations

The developing countries on the other hand are mostly the nations Globalization and its Effects on developing nations 5 12 Globalization and its Effects on developing nations: Introduction: Globalization,which rules the modern era, is at the same time most controversial topics of all.... lobalization and developing nations Globalization is a process which provides opportunity to gain access to international markets and provides means to gain free trade....
2 Pages (500 words) Essay

Small and Medium Enterprises in Globalization Era

The process avails many goods and services to people across the world with the removal of trade barriers among the trading nations.... For most of such nations, the industry forms a critical part of the performance of such economies, which calls for a comprehensive policing strategy that will ensure their sustainability.... There has been a rise in the levels of competition in every field with all nations across the globe engaging in global wars to make their economies sustainable enough for the populations....
10 Pages (2500 words) Essay

Global Enterprise and Innovation

This suggests that globalization is the process of uniting the nations as members of one world, as the world shrinks.... Through innovation in various fields, they have been able to generate new opportunities and challenges for the developing world.... mong all the developing economies, Malaysia's economic policy is considered worth emulating (Ritchie, 2005).... Innovation should be seen as an incremental change to products, processes or organizational forms but Malaysia maintained a closed-door policy in industries such as the sports and the automobile sector....
11 Pages (2750 words) Research Paper
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us