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Exhibit 3.3: Selected Countries and the Amount of Money Raised by Privatization

Exhibit 3.3: Selected Countries and the Amount of Money Raised by Privatization

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Industrialization

••

••



How

How production

production isis organized

organized and

and distributed

distributed inin society

society

Types

Types

•• Pre-industrial

Pre-industrial

•• Industrial

Industrial

•• Post-industrial

Post-industrial



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Industrialization

Pre-industrial

Pre-industrial society:

society: agriculture

agriculture dominates

dominates the

the

economic

economic environment

environment

•• Industrial

Industrial society:

society: dominance

dominance ofof the

the secondary

secondary or

or

manufacturing

manufacturing sectors

sectors

Post-industrial

Post-industrial society:

society: emphasis

emphasis on

on the

the service

service

sectors

sectors



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Exhibit 3.4: Distribution of Production

Activities by Sectors



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Implications of

Industrialization

•• Direct

Direct correspondence

correspondence between

between industrialization

industrialization and

and

economic

economic development

development

•• Industrial

Industrial societies

societies favor

favor growth

growth and

and innovation

innovation

•• Favorable

Favorable environment

environment for

for business

business

Industrial

Industrial societies

societies present

present significant

significant market

market size

size

and

and growth

growth



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Exhibit 3.3: Selected Countries and the Amount of Money Raised by Privatization

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