CSS Forums - View Single Post - plz check: the importance of industrialization

imranahmad131 · #3 Thursday, September 16, 2010

Quote:

1.
Industrialization plays an important role in the economic prosperity and growth of a nation.In any economy there are mainly two fields namely agriculture and industry in which it can specialize .

2.
In olden days it was a misconception that one must be chosen between agriculture and industry.research reveals that both the sectors of the economy must go in cohesion to make a nation prosper agriculture provides raw material to the industry where as industry provides powerful machinery for fruitful and encouraging results in agriculture sector.

3.
industrialized nations have high gross domestic products. their per capita income is comparably higher than agriculture based countries. deficit in account took place in Pakistan from its initial days and one of the reason for it was importing of expensive machinery to start the economic cycle and industrializing Pakistan.

4.
electronic products have stable and high prices due to its innovation in the world market ,where as prices of agricultural products are fragile to climatic conditions that is why they are sold at the throw away prices in the world market.

5.
the whole outlook of a nation modernize because of industrialization. people acquire jobs in urban center with decent pay scale and availability of consumer goods is cheap and easy due to local production.

6.
it is evident in the current scenario that industrialized nations are the richest in the world like america,japan and now china. china transformed from an agricultural economy to the industrialized nation.now they have surpassed the economy of japan and considered the second best economy of the world after america. India is trying to speed up the process of industrializing their economy.

7.
nations which are confined to agriculture only,lack behind in the economies of the world,their antiquated methods are no match to the corporate sector style of agriculture in industrialized nations.

Good effort in promoting importance of industries by quoting various examples, but a little lack of information can be seen here. e.g. you mentioned that

Quote:

In any economy there are mainly two fields namely agriculture and industry in which it can specialize .

but you probably don't have enough knowledge of economics. Economies not only specializes in agriculture or industrial sector but there is a third sector as well-SERVICES SECTOR.

The most developed economies of the world are those which specializes in Services, instead of industries. e.g. America is providing communication services (google, yahoo, google earth, trainers, consultants and many more). This is also true for Japan. They are providing engineers and trainers etc to the world. All the highly developed nations has surpassed the industrial phase and are moving towards Services sector.

Further, you mentioned that

Quote:

deficit in account took place in Pakistan from its initial days and one of the reason for it was importing of expensive machinery to start the economic cycle and industrializing Pakistan.

Does this mean it was our lust for industrialization which lead us towards deficit in accounts? If yes, it means industrializing yourself will lead you to deficit accounts, which is by no mean desired by any economy.

Further more your second paragraph says that Industry and Agriculture must go hand in hand but the rest of your essay is promoting the idea that only the Industrial sector should be promoted (a conflict of ideas. 1-1=0 again).

Your third paragraph is very poorly structured. It is not evident what do you want to say in that para. You started with high GDP of industrial economies and ended the paragraph on deficit in Pakistani accounts. The entire paragraph makes no sense.

Paragraph 4 to 7 are in coherence to each other, mean they are ok. Good paragraphs. Promoting same idea with a good conclusion.

Hope you like this analysis of your essay.

IMRAN AHMAD SAJID
CSS-2010