Introduction
This is about the two Asians nations. Both have populations in excess of billion and the ability to become superpowers. Yet there is a study of contrast: one had achieved the distinction of being the fastest growing economy of the twentieth and twenty-first centuries. The other is still playing catch up with the tiger economies of South East Asia.
Growing countries do not necessarily follow a same industrial development process. China and India both have been growing remarkably under economic liberalization after the 1980s, and their electrical and electronics industries, though both regulated before the liberalization, have also developed from then on. Despite sharing common starting points, the growth and development of the electrical and electronics industries differ
…show more content…
In the five year to 2014, industry revenue has been increasing 11.7% annualy to $7.4 billion .
In China, the electrical industry have developed into one of China’s leading industry. Although it is in nominal terms, growth after the mid-1990s has been rapid, and the industrial scale has expanded by about three times every five years. Consequently the ratio of value-added of the electric and electronics industry to the secondary industry has been increasing from 6.85% in 1985 to 12.88% in 2005. Therefore the industry has contributed to rapid economic growth in China.
Although exports of the electrical products from China have been remarkably and exports of them by the local firms also have been increasing after the
however major exporters are still foreign-affiliated firms. In addition, we are here
with growth of the Chinese and the Indian local firms against a backdrop of each native market, therefore we concentrate on the Chinese and the Indian markets not on overseas
Industrial and Transportation Revolution During the late 1800s, the United States economy changed due to new inventions, remarkably rapid growth, and new forms of communication and transportation. Different factories were being built, and manufacturers had begun to reorganize the way of work. Factories and workers were going from hand production to machinery. The Industrial Revolution marked a turning point.
The industrialization first happened in Europe and to the west in the states. The rest of the world watched the shift of manufactured out puts change “by 1900, India account(ed) for barely 2 percent of world manufacturing output, China about 7 percent, while Europe alone claims 60 percent of the world's total (GDP)” (Marks 2342). The rest of world due to this industrialization would either have to adapt industrialization to compete or experience the torture’s that would come from being
The distinctive Revolutions led to an economic revival among its manufactures and solidity. A. “Industrialized countries required a steady supply of raw materials from less developed lands” (Littell 299). B. “Industrialized countries viewed poor countries as markets for their manufactured products” (Littell 299) IV. An imposing quantity of political prospects followed from the Revolutions that established rising opportunities as a community.
The industrial revolution from 1750 to 1900 had a large impact on everyone globally. It positively transformed economies and allowed more efficient technology to come to light. Even though this revolution originated in Europe, its effects spread to many states. Lots of countries that surround Europe were forced to follow along with this sudden change to maintain the competitiveness and stability of the region. States tend to respond with new technology or industrial methods while others are against this change.
The modernization of technology revolutionized industrialization. . In 1847 the Indian soldiers under the indirect rule of the british east india company rebelled, the Sepoy rebellion, causing the british royalty to set up a direct form of the rule in india . This led to the spread of European technology to the region.
Imagine a world where communication is difficult, there is not a lot of entertainment, and places are hard to get to. This actually was the world in the 1900s-1910s. Technology has come a long way since the early 1900s. Our world has become more advanced and fast paced due to the advances of technology. Over the last 100 years, technology is by far the biggest change in our culture.
From 1865 to 1900, the rise of Industrial America occurred. In this time period, the railroad system was developed, new job opportunities sprung up left and right, and the American dream changed. Although the American society’s economy and standard of living seemed to prosper, it also allowed laborers’ lives to crumble,strikes occurred, children were left uneducated and forced to work in order to help support their families, and forced those families to get accustomed to squalid living conditions and hazardous working environments. The social classes developed.
After the end of the American Civil War, there was a long period of republican dominated politics. These republican politicians heavily favored industry, and as a result the United States quickly became an industrial powerhouse in the world. Many entrepreneurs, some of which include John Rockefeller, Andrew Carnegie, and Cornelius Vanderbilt, staked their claim in American industry and shaped the post-war nation. The growth of American industry led to major shifts in the structure of American economics, disagreements over the role of the American government, and changes in American lifestyle. The growth of big business resulted in major shifts in the structure of American economics.
Southeast Asia encountered many changes throughout history. These changes spread themselves out and line up with the change of historical eras. For example, many changes in Southeast Asia occurred in the transition from the Classical Era to the Post-Classical Era. These changes effectively can be boiled down into specific themes of AP World History. These themes are Social Structure, Economic Development, and Interaction with the Environment.
With the advent of the Industrial Revolution bringing new forms of production, “America emerged as the world’s largest industrial power,” (Document 3). In becoming industrialized, America pulled ahead of the rest of the world in production exports. advancement led to America’s economy booming, which ultimately led to even more inventions and prosperity. The Industrial Revolution also introduced new production methods, such as the assembly line in Document 4. (Document 4).
The regions of the Middle East and China experienced many shortcomings and lost much in the areas of stability, security, and influence. The culture and society of Asia was moreover sewn together by the Mongols’ conquest and with this new empire and the nations which were under its reign were subject its many failing and critical flaws (Abu-Lughod 207). While much infamy and fear surrounded this vast Asian empire, its rule for time it had existed provided stability and set up routes towards other regions of the world, enabling the flow of international commerce. The lasting societal effects of the Mongol empire however, meant as the reign of the Mongol empire waned and dwindled, Asia in its entirety had become isolated and cut off from the much needed commerce and capital it needed to remain as capable competitor in international markets. The society of China suffered especially, having relied on the Mongol empire’s stability as its position as practically a protectorate, this massive nation’s position, influence, and wealth plummeted (Abu-Lughod 211).
Introduction Huaneng Power International (HPI) was founded on June 30, 1994, during a time of strong economic growth and development throughout the People’s Republic of China (PRC). The mandate of HPI was to supply power for the PRC’s fastest-growing provinces, because “it became clear that the current industry structure would be insufficient to meet the projected demand” (White, 1998). However, in order for HPI to allocate the needed power supply it needed to expand its current company, i.e. allow for constant technological innovation, improve its transportation network, and acquire rights to more plants; this vast expansion required an estimated RMB34.4 billion (White, 1998). HPI was faced with several obstacles while choosing between different alternatives to obtain capital needed for expansion.
First and foremost, one must acknowledge the plainly visible fact that the Chinese economy has grown exponentially since the process of integration into the global economic system began. China 's comparative advantages, particularly in the labor sector, has transformed it into the second largest recipient of FDI in the world.1 Over the course of the last 20 years, exports have grown approximately 17.1 percent per year.2 This ultimate result of this investment and trade has been an overall growth rate 8 percent per annum,3 which would have been completely unattainable without the country 's engagement in globalization. Foreign investments have
There's a lot of buzz going on about electric cars and it seems like every hipster and eco nut trying to save the environment but do you truly know what it takes to get them on the road. The process to make the batteries is a truly dirty process and it pollutes the air. Most electric cars that are available to the general public are very expensive and most of them do not have a very far range. Somewhere between a 20-270 mile range. Also you need to live somewhere there are the charging stations or have one put in at your home.