Misplaced Pages

Lower Don Valley

Article snapshot taken from Wikipedia with creative commons attribution-sharealike license. Give it a read and then ask your questions in the chat. We can research this topic together.

In macroeconomics , the secondary sector of the economy is an economic sector in the three-sector theory that describes the role of manufacturing . It encompasses industries that produce a finished, usable product or are involved in construction .

#299700

33-540: 53°24′18″N 1°25′01″W  /  53.405°N 1.417°W  / 53.405; -1.417 The Lower Don Valley , or historically the East End of Sheffield , is the mainly industrial north-east quarter of Sheffield , England . Located on the River Don , it encompasses the areas of Attercliffe , Brightside , Darnall , Tinsley and Wincobank . The area became the heart of Sheffield's steel industry during

66-426: A linear trajectory of development in a which the traditional society, exhibiting feudal and “backward” characteristics, can transform into a modern society with advanced industries and urban societies. By placing national growth on a linear path to modernization and hails industrialization as the key to development, Rostow's model simplifies complex inequality between nations by claiming that (since various nations began

99-603: A nation's prosperity depends on free markets, but also that coastal geography - easy access to sea trade - plays an important part. Compared with Europe, large proportions of Africa, Asia and the Americas are far from the ocean. Jeffrey Sachs and his collaborators have demonstrated this relationship of geography with underdevelopment more systematically, pointing out that this relationship is also mediated by factors of agricultural productivity and disease prevalence. Jared Diamond has proposed that continental alignment also played

132-425: A part: the east-west alignment of Europe-Asia allowed diffusion of useful agricultural species, while the north-south alignments of the Americas and Africa inhibited such diffusion. One of the first major theories to surface as a solution to this new issue of “underdevelopment” was the modernization theory . This highlights the positive role played by Western countries in modernizing and facilitating development in

165-405: A situation in which certain countries economies' are conditioned by the development and expansion of another to which the former is subject. He goes on to further clarify that the interdependence of two or more economies, and consequently world trade, assumes the form of dependence when dominant countries can create dependency only as a reflection of that expansion, which can have a negative effect on

198-426: Is a form of underdevelopment". Rodney also elaborates on his broader theory of underdevelopment and the issues of using the term especially in reference to comparing economies, saying "Actually, if 'underdevelopment' were related to anything other than comparing economies, then the most underdeveloped country in the world would be the U.S.A, which practices external oppression on a massive scale, while internally there

231-503: Is an important activity in promoting economic growth and development . Nations that export manufactured products tend to generate higher marginal GDP growth, which supports higher incomes and therefore marginal tax revenue needed to fund such government expenditures as health care and infrastructure . Among developed countries , it is an important source of well-paying jobs for the middle class (e.g., engineering) to facilitate greater social mobility for successive generations on

264-959: The Olympic Legacy Park , incorporating iceSheffield and the English Institute of Sport - Sheffield , located in the area. Industrial sector This sector generally takes the output of the primary sector (i.e. raw materials like metals, wood) and creates finished goods suitable for sale to domestic businesses or consumers and for export (via distribution through the tertiary sector ). Many of these industries consume large quantities of energy, require factories and use machinery; they are often classified as light or heavy based on such quantities. This also produces waste materials and waste heat that may cause environmental problems or pollution (see negative externalities ). Examples include textile production , car manufacturing , and handicraft . Manufacturing

297-471: The second world war , poverty on a mass scale was suddenly "discovered" in these underdeveloped regions of the world. Esteva stated: "On that day two billion people became underdeveloped." More than half of the world's nations were categorized by what they lacked. The Euro-centric development discourse and its aura of expertise often conflated development with economic growth. When the world began to categorize nations based on their economic status, it narrowed

330-496: The 19th and 20th century. However it went into decline during the 1970s and 1980s as the nature of steel manufacture changed from large industrial sites with large scale employment to more streamlined and automated manufacture. As a result, large areas were derelict by the end of the 1980s despite the steel industry continuing to increase production and the Sheffield Development Corporation were given

363-516: The Marxist aspect of the theory, and called it the " world system ." World system theory adds another layer to what dependency theorists describe as the structure of the world: the semi-periphery. The semi-periphery is composed of countries such as Brazil and South Africa that can't simply be categorized as part of the core or the periphery (i.e. they have developed urban areas but also large areas of rural poverty). World systems theory also states that

SECTION 10

#1732772465300

396-544: The U.S., to offer assistance so that these countries could industrialize the way the countries of the first world had. The modernization theory, growing out of U.S. scholarship, equated modernization with industrialization, development, and progress. One of the most notable contributors to the theory was Walt Whitman Rostow who developed an economic model which outlined five stages of growth for nations to follow in his essay, “The Stages of Economic Growth: A Non-Communist Manifesto”. Rostow’s Five Stages : These stages present

429-437: The antithesis of a " developed ", modern, or industrialized state. Popularized, dominant images of underdeveloped states include those that have less stable economies, less democratic political regimes, greater poverty , malnutrition , and poorer public health and education systems. Underdevelopment per Walter Rodney is primarily made of two components, a comparative aspect as well the relationship of exploitation: namely,

462-549: The body of mid-20th century theories by various intellectuals, both from the Third World and the First World , that suggest that the wealthy nations of the world need a subjugated peripheral group of poorer states in order to remain wealthy. Dependency theory states that the poverty of the countries in the periphery is not because they are not integrated into the world system, but because of how they are integrated into

495-400: The context of international development , reflects a broad condition or phenomena defined and critiqued by theorists in fields such as economics , development studies , and postcolonial studies . Used primarily to distinguish states along benchmarks concerning human development—such as macro-economic growth , health, education, and standards of living —an "underdeveloped" state is framed as

528-424: The dependent nations to resist the influences of dependency could result in economic sanctions and/or military invasion and control. This is rare, however, and dependency is enforced far more by the wealthy nations setting the rules of international trade and commerce. Dependency theory first emerged in the 1950s, advocated by Raul Prebisch whose research found that the wealth of poor nations tended to decrease when

561-558: The dynamic of surplus extraction that occurs between nations also occurs within them, between their elite and poor classes. According to this structure, which includes a core, a periphery, and a semi-periphery, not every nation can develop simultaneously (which directly challenges the linear model of modernization which suggests that all countries are on the trajectory of development). WST instead argues that development and underdevelopment are created simultaneously. According to Brazilian social scientist, Theotonio Dos Santos, dependence means

594-490: The economy. Currently, an estimated 20% of the labor force in the United States is involved in the secondary industry. The secondary sector depends on the primary sector for the raw materials necessary for production. Countries that primarily produce agricultural and other raw materials (i.e., primary sector ) tend to grow slowly and remain either under-developed or developing economies . The value added through

627-588: The exploitation of one country by another. In critical development and postcolonial studies, the concepts of "development", "developed", and "underdevelopment" are often thought of to have origins in two periods: first, the colonial era, where colonial powers extracted labor and natural resources, and second (most often) in referring development as the postwar project of intervention on the so-called Third World . Mexican activist Gustavo Esteva asserted that underdevelopment began when American president Harry Truman delivered his inaugural address in 1949 since, after

660-479: The global agricultural sector, sought to export the industrial agricultural model of production. At the start of the Green Revolution, the U.S., Canada, and other advanced European countries were giving their surplus crops to poorer countries in the form of food aid in order to mitigate widespread hunger that parts of the postcolonial world was then witnessing. Crops that weren’t previously prevalent across

693-400: The globe, such as wheat, were being transferred and from the global north to south in massive quantities. This occurred until developing countries, such as India, became heavily dependent on the food aid—much of which were crops that could not be grown locally. In order for dependent countries to keep receiving foreign assistance, the U.S. made it conditional for recipients of food-aid to adopt

SECTION 20

#1732772465300

726-461: The industrial model of agriculture that was exported to recipient countries had a complex system of necessary inputs. In order for yields to actually increase, farmers needed fertilizers, pesticides, and new irrigation systems, a costly chain of requirements that cut profits for the farmers even when their yields rose. The countries that were dependent on food aid now became dependent on the transnational corporations that provided agricultural inputs that

759-525: The industrial model required. The Green Revolution was able to increase crop yields (at least in the short term, before land was degraded by the increased need for fertilizers and pesticides), but in the process it exacerbated vulnerable populations' poverty in countries that are now considered underdeveloped. Several theories and types of explanation have been offered to explain why some countries have been underdeveloped and/or how their development may occur. Seminal economist Adam Smith surmised not only that

792-454: The issue of underdevelopment to an economics problem. As a result, the solutions brought forth by development experts and practitioners were squarely economic—failing to address the profound political and social contexts such as colonial legacies and Cold War geopolitics. The Green Revolution is a paradigm of a concerted effort of intervention in the name of global development. During this time, developed countries, in an attempt to modernize

825-478: The non-West. It is often contrasted with dependency theory . The theory of modernization consists of three parts: In the mid-20th century, the world leaders that had emerged from the Second World War saw the former colonies as areas that needed increasing amounts of intervention because their populations were the subjects of much suffering. It became a moral imperative for developed nations, primarily

858-404: The process of development at different time periods) different societies are simply at different stages of growth. Rostow’s model makes the assumption that the inequality between states will eventually disappear once each progresses on the timeline of modernity—sped up, he argued, through contact with modernized cultures and their modern economic and political models. Dependency theory reflects

891-428: The relations within any group and between groups. It implies the ability to defend one's interests and if necessary to impose one's will by any means available. In relations between peoples, the question of power determines maneuverability in bargaining, the extent to which a people survive as a physical and cultural entity. When one society finds itself forced to relinquish power entirely to another society, that in itself

924-422: The subordinate’s immediate economy. Guyanese Marxist historian and political activist and one of the leading theorists on underdevelopment Walter Rodney contends in reference to Africa's underdevelopment, "The decisiveness of the short period of colonialism and its negative consequences for Africa spring mainly from the fact that Africa lost power. Power is the ultimate determinant in human society, being basic to

957-565: The system. These poor nations provide natural resources, cheap labor, and consumer markets for the wealthy nations, without which, according to dependency theorists, they could not have the standard of living they enjoy. First world nations actively, but not necessarily consciously, perpetuate a state of dependency through various policies and initiatives. This state of dependency is multifaceted, involving economics , media control , politics , banking and finance , education , sport and all aspects of human resource development . Any attempt by

990-583: The task of redeveloping the area. Among the new developments are Meadowhall shopping centre , Valley Centertainment and Sheffield Arena . A public footpath, the Five Weirs Walk , has been opened up along the banks of the river from the city centre, and the Sheffield Supertram provides light rail access. It is home to one of the highest concentrations of sporting facilities in the UK with

1023-550: The transformation of raw materials into finished goods reliably generates greater profitability , which underlies the faster growth of developed economies . The twenty largest countries by industrial output (in PPP terms) at peak level as of 2020, according to the IMF and CIA World Factbook . 22nd This industry -related article is a stub . You can help Misplaced Pages by expanding it . Under-developed Underdevelopment , in

Lower Don Valley - Misplaced Pages Continue

1056-554: The wealth of rich nations increased. The theory quickly divided into diverse schools. Some, most notably Andre Gunder Frank and Walter Rodney adapted it to Marxism . "Standard" dependency theory differs sharply from Marxism, however, arguing against internationalism and any hope of progress in less developed nations towards industrialization and a liberating revolution. Former Brazilian President Fernando Henrique Cardoso wrote extensively on dependency theory while in political exile. The American sociologist Immanuel Wallerstein refined

1089-467: The whole industrial model of agriculture. The revolution was titled “Green” not just because of its connections to agriculture but also was used as a tool to fight the “Red”, or communist revolution. The West believed that hunger had the power to drive people to peasant revolutions, so food aid was used explicitly to fight the spread communism. While efforts were made to increase food security in poor nations by helping them move to being self-sufficient,

#299700