According to Giddens “industrialization is the modern form of industries, factories, machines and large scale production process.”
Problems of Industrialization in Bangladesh
- Historical background
- Agro-base economy
- Lack of entrepreneurship
- Unskilled manpower
- small size in market
- lack of instrument
- lack of capital
- weakness banking system
- labor dissatisfaction .
- electricity problem
- child labor.
- lack of wage.
- lack of job security.
- lack of training facilities.
- lack of recreational problem.
- lack of proper management.
Prospect of Industrialization
- cheap labor
- female labor
- positive development
- opened new market
- growth of trade
- rise of living standard
- Achievement of foreign currency
- Stable economic
- Creation skill labor force.
- Reduce unemployment.
In above the problems and prospect of establishing industrialization in developing country like Bangladesh are give. This help to create good industrialization in any country.