impact of industrialization on non-industrialized countries
DESCRIPTION
Impact of Industrialization on Non-Industrialized Countries . New patterns of global trade and production developed: a global economy developed because industrialists sought raw materials new markets . Need for raw materials & food supply for growing population in urban centers = - PowerPoint PPT PresentationTRANSCRIPT
IMPACT OF INDUSTRIALIZATION ON NON-INDUSTRIALIZED COUNTRIES
New patterns of global trade and production developed: a global economy developed because industrialists sought raw materials new markets
Need for raw materials & food supply for growing population in urban centers = growth of export economies
Specializing in mass producing single natural resources
For example…
GUANO IN PERU & CHILE
THE ROAD TO IMPERIALISM Rapid increases in productivity caused by
industrial production = Industrialized states to seek out new
consumer markets
Need for specialized metals (gold & silver) & demand for diamonds = Development of extensive mining centers
South Africa – gold and diamond mines Main reason for European interest
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