Saturday, October 19, 2019
Development Is Impossible Without Industrialisation Essay
Development Is Impossible Without Industrialisation - Essay Example This paper will critically examine the statement that development is impossible without industrialization. Development has been defined as the process of acquiring and securing the freedoms that we have reasons to value. They make our life richer and allow us to be fuller social persons (Amartya Sen cited by Oden 2001). Development is a complex multidimensional process which cannot be addressed by economic growth alone. It must be approached with a dynamic perspective and the process of development is not the province of one nation. Nations have to cooperate and coordinate with one another. In Africa a large number of people fall below the extreme poverty line, which affects income, education and health. Unless the problem of poverty is resolved, no development can take place. This requires effective sustainable development which translates into jobs creation, education and health amenities. Sustainable development requires efficient, established and regular institutions and processes but most importantly it requires efficient industrial sectors. History provides sufficient evidence that industrial civilization brought about sustained prosperity. The Industrial Revolution brought all the development goals set forth at the UN Conference - clean water and sanitation, the elimination of disease, plentiful food (Tracinski, 2002). Industrial capitalism could make manââ¬â¢s physical environment healthier. Nations with large populations demonstrate a marked transformation and higher income growth. Development may vary across nations and may also vary over time, but development is impossible without industrialization. Nations benefit when they step into industrialization. Virtually every country that has experienced rapid growth in productivity and changes in life style over the last two hundred years has done so by industrializing (Murphy, Shleifer, & Vishny, 1998). Countries like
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.