The economic position of a state is greatly depicted by its rate of industrialisation of the state. The type of industry that the state relies on. extremely contributes to the economic position of the state. Industries are responsible for the overall distribution of the goods and services in the state. In the existence there are five types of industries. the 5th one was late created. The industries are categorized harmonizing to the chief maps they perform. The act of making natural stuffs which chiefly involves manual labour work forms the primary sector of industry.
Polishing the natural stuffs to useable merchandises through processing and industry and distribution of the merchandises manufactured comprises the secondary sector of industry. Engagement by persons into the procedure of supplying services to the available market such as instruction and guidance ; organize the third sector of industry. The procedure of research to to the full understand the available market. program an efficient concern program and cater to the demands of the market is grouped into the quaternate sector of industry.
The quinary sector of industry which was late introduced and therefore non really common in the development states encompasses non-profit organisations that are involved in concern activities. that is. the debut and distribution of goods and services to the community ( Deanna. Pearson & A ; National Academy of Engineering. 1998 ) . Developed states chiefly trade with the secondary. third. quaternate and quinary industrial sectors to further better their economic position.
In my study I will analyse the secondary industrial sector chiefly the. fabrication industries. in America as it is extremely booming due to the readily handiness of resources. engineering and cognition ( Deanna. Pearson & A ; National Academy of Engineering. 1998 ) . America is presently in a province of economic crisis due to the high rate of rising prices. which is depicted by the rise in oil monetary values. nutrient monetary values and lodging rate. it is sing. It is besides sing the highest rate of unemployment it has had for the last 20 five old ages. which is 8. 1 per centum.
Bing the richest state in the universe America does non see any demand in prosecuting in planetary competition therefore decelerating down the growing of the economic system of America. The authorities has implemented trade policies and ordinances that do non see the growing of the little approaching companies in the state. The policies and ordinances do non give the little companies any opportunity in turning as they face large competition from the already developed companies that are in the universe stock market. Owners of the upcoming companies end up shuting down. selling the premises together with the collected resources.
Others merge with other upcoming companies to be able to last the competition as they pull their resources together giving them the strength needed to boom in the competitory market. Besides in the following two old ages. the authorities of America plans to deviate the fiscal resources of the state to the military section to be able to deploy 400. 000 solders and military resources to Afghanistan to assist halt the war that exists between the Al Qaeda and America while still taking at controling terrorist act ( United Nations. 2009 ) .
Establishing my statement from the discussed environmental factors. in the following three old ages the secondary industrial sector in America will stay dead and hibernating as the likeliness of utilizing new engineering. resources and cognition is minimum. As most of the financess will be directed to the armed forces to assist them acquire the coveted resources to carry through their ends. most of the authorities clip will be dedicated to device schemes that will assist them control terrorist act without ensuing to development of another war. Therefore sufficient clip to revise the trade ordinances and policies implemented will non be available.
This means that the rate of unemployment will either stay at 8. 1 per centum or travel higher because few companies will be set up and therefore will use merely a little per centum of the unemployed. Therefore. America will non be in a province that will enable it to prosecute in competitory globalisation as the attempt of competition is low and resources to utilize while in the race will non be available. Looking at the age classes in the population of America the older people occupy the higher per centum. showing an unfavourable state of affairs for the economic system of the state.
This is because old people are non productive and largely suffer from chronic diseases such as diabetes and high blood force per unit area. this farther decreases their productiveness degree as most of them spend their clip seeking medical attention ( Trewartha. 2007 ) . America largely imports its natural stuffs to treat them to complete goods. Establishing my statement on the current economic position of the state and the programs the authorities has outlined for the following two old ages at that place tends to be a decrease in the figure of natural stuffs that will be imported by the authorities.
The providers of the natural stuffs will be given to take advantage on the raised rising prices rate of the state. therefore sell their stuffs at a higher monetary value. The likeliness of scientists coming up with new engineering is really low. ensuing to seeking to better the bing engineering ; therefore the industry will miss the needed invention to increase its public presentation rate. Hence the chance of the industry to stay dead is high ( Deanna. Pearson & A ; National Academy of Engineering. 1998 ) .
The environment created by the above factors will do the direction of the industry to hold a difficult clip forming the maps of the industry. as the industries will non be turning. Lack of motive will be depicted and a opportunity of mass ballad offs of employees will increase. No new staffing quality and measure scheme will be formulated demoing the dead growing of the industry. The directors will besides hold to invent other ways of administering their fundss to assist them transport out the normal maps of the industry and to pay debts to forestall bankruptcy.
The high rate of rising prices in the state will be replicated in the merchandises manufactured. Thus the demand of the authorities to command the forces of trade. to assist command the economic crisis the state is confronting. Word Count: 1018 Reference List Deanna. J. R. . Pearson. G. & A ; National Academy of Engineering ( 1998 ) . The Ecology of Industry: Sectors and Linkages. Washington. D. C: National Academies Press. Trewartha. T. G. ( 2007 ) . A Geography of Population: World Patterns. Hoboken. New Jersey: Wiley Publisher. United Nations ( 2009 ) . World Economic Situation and Prospects 2009. New york: United Nations Publications.
