for

The Basis Sound

Industrial Development

Industrial development the underdeveloped countries has become one

of
of

the great world campaign

of

crusades our times which the

It
is

in
a
.

countries compete with each other meet the rising claims

of
advanced
to

the nonindustrial countries for help becoming industrialized

an
It
in

is
.
of

effort which the underdeveloped countries place major hope find

in

ing solution their problems poverty insecurity and overpopulation

of
to

,
a

and ending their newly realized backwardness the modern world The
in

.
by

the underdeveloped world

he
of

belief was expressed Nehru when said

,

Real progress must ultimately depend Throughout

on

industrialization
1
"

.”

become the magic

of

the world industrialization has indeed word the

,

mid twentieth century

-

reasons for this explosion

of

The interest industrialization are not hard

in

discover The underdeveloped regions have long been mainly producers

to

materials and they have observed strong and positive

of

that there
is
,

raw
a

living
of

of

connection between the wealth and standard country and

a

raw
for

They also see that prices

of
its

the extent industrialization

as
—
.

for

prices goods
an

materials fluctuate much more than manufactured

—

Jawaharlal Nehru Speeches March 1953 August Delhi

,

1957 New India 1958

-
11
p

.
.