Sunday, November 8, 2009

Asian and Latin American Industries

After reading the section titled " Explaining the Industrial Revolution", I came across a brief statement that said, " the Industrial Revolution became global when a number of Asian and Latin American countries developed substantial industrial sectors." It then gave a long list of some of these sectors such as Oil, and natural gas, but I wanted to more about how they started for these to sections of the world. 

Asia(Asian tigers)

The Asian tigers is a term that refers to the highly developed regions of asia, which are Hong Kong, Singapore, South Korea, and Taiwan. The main reason why there was a huge increase in the asian Industries, was because of the motivated people, and the stable governments in asia. The governments was stable, and so many nations around the world sought asia as a place to invest in. Not only did foreign countries like the stable governments, but they also liked the good labor of the people. The workers in asia were both motivated and skilled, so they made asian countries such as South Korea  a great place to invest in. In 1960 was when the real industrialization happened for South Korea. This was when they switched from the less advanced manufacturing, to the more advanced manufacturing of steel. Shipbuilding and the automobile industries were now of interest, and for the next 30 years after 1960 South Korea grew to be considered a "Developed Country". The main automobile industry  is Hyundai-Kia which is the 4th largest automobile automaker.

Latin America(Argentina)

Argentina also has grown  a lot economically because of manufacturing. The only difference is that South Korea grew in the Automobile industry, while Argentina grew in the Agricultural industries. Argentina is now huge in the food processing industry, because of their own natural resources of crops such as soy and maize. 



1 comment:

  1. Agustin, I agree with out that Industrial Revolution helped both of these regions but I wanted to ask you about why? Why did East Asia and Latin America benefit from the this revolution?

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