Export Orientated Industrialisation

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  • Created by: chend96
  • Created on: 08-05-14 19:16
Define export orientated industrialisaton
This is a process which focuses on producing consumer goods for export
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In what types of countries is this highly demanded in?
MEDC'S
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Why is this?
Because they have moved away from labour intensive manufacturing
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Why are LEDC'S good for EOI?
Because they have cheap labour costs which mean that products can be produced at a lower price.
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How can this lead to indsutrialisation (ready market)?
There is a ready market avaliable for countries which means that ig hihgly demanded it will lead to industrialisation and eventually economic groweth and development
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What are examples of this?
Japan, China, Korea, Thailand and Taiwan.
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What did they experience?
Rapid economic growth in various export sectors
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What did this mean?
That there GDP increase- surplus proft- invest
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What did they become known as
Highly performing asian economies
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Card 2

Front

In what types of countries is this highly demanded in?

Back

MEDC'S

Card 3

Front

Why is this?

Back

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Card 4

Front

Why are LEDC'S good for EOI?

Back

Preview of the front of card 4

Card 5

Front

How can this lead to indsutrialisation (ready market)?

Back

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