Small Scales Industries in Developing Nations Essay

Small Scales Industries in Developing Nations - Essay Example The United States, and many other countries developed so far, have explored all channels in ensuring that their nations depends solely not on foreign goods entirely, but created many avenues for since many years have developed in all sector of the economy and thus have less dependence on other nation in terms of importing large items, but their Industries of different calibers were put into rapid development. This nation's that developed in terms of Industrialization have begun since many years through establishing Small Scales Industries, and thereafter the transformed these Industries to modern and highly advanced ones with modern innovations and technicalities. These positive approached they attached to Small Scales Industries has made their nations economically advanced indeed. Japan is yet another country which in many years back was among countries that were having Small Scales Industries. However, in recent years, the country has achieved very significantly toward the transformations of its Industrial sector from Small Scales, to developed industrialized nation. But what is the historical concept of Small Scale Industri... Why for many years Small Scale Industries in developing nations could not yield positive results What are their constraints Why Small Scale Industries in developing nations instead of having being increasing in numbers but always reducing in numbers as a result of closures Who is to blame, the government of these countries, experts, or elites How the problems facing Small Scale Industries in developing nations can be solved And how can these Industries be transformed to developed ones These and other questions will be answered in this research. Methodology: This will include a collection of theories, concepts and ideas on how the Small Scale Industries are established in developing nations, with compares with those in developed nations. These include scholarly written in books, articles, journals and many other related field which can bring out the authentic facts on the subject matter. Most of the research materials will be found in search machine, where books, journals, interviews, articles and features can also be found. ABOUT SMALL SCALE INDUSTRY IN DEVELOPING NATION Definition: (Sarbajeet K. Sen) "A small-scale industry has been defined as those units that have investment in plant and machinery of up to" (Sarbajeet K. Sen) "Under the medium-scale sector would enable the Government and other authorities to work out definite plans for funding and promoting the industries falling under the category and nurturing them to grow into stronger and larger entities in the long run". "Developing Country Entrepreneurs need small scale industries to drive their development. The USA, the greatest industrial nation in the world, began its development with horse power, water power and low tech equipment, often made within the