Professional Documents
Culture Documents
Environmental destruction
Disease and sickness spreads quickly
Workers might be abuse by the owners
Urbanization will develop
Greater poverty in the cities
Lack of resources for the people
2. Growing Population
Population growth will cause an increase of demand.
More people = needed goods = growth of industry
3. Improved Transportation
Increases demand = increased supply = increase of shipping needs
Railroad business booms as a result
4. High Immigration
As people immigrated, some immigrants were skilled in trades that would help industry
grow.
Unskilled workers provided cheap labor.
More people = more workers
5. New Inventions
New inventions helped produce goods more efficiently.
Patents became common
6. Investment Capital
Economy Thriving = Increase of Business Profits
It is profit. The people who built the factories were in search of profit. They
will use the cheapest materials and choose young workers than the workers who
had a lot of experience because they can pay them less. They will always find
ways that they could in order to achieve profit.
For example, thousands of overseas Filipino workers are hired every year.
Why Filipinos? Because foreigners feel satisfied at the service of Philippine natives.
In fact, a study has been conducted by the Swiss International Institute for
Management Development in 2004 which reveals that Philippines ranks number
one in Asia in terms of availability of skilled workforce. Aside from being naturally
smart and respectful, Filipino workers are also efficient in speaking English. Also,
labor in the Philippines is priced markedly, compared to the employees from other
countries. These are the main reasons why the Philippines seems to be a potential
location for call centers.