4. The Advantages of Asia for industrial location Cheap labour : Wages are low by world standards. Asian workers are reliable and work hard for long hours, often in factories that would not meet all of the health and safety standards of those in MEDCs. Transport : All countries in the region have access to the main shipping lanes. The use of containers has reduced the cost of transporting manufactured goods by sea. Market : Although many factories were set up to export their products, home markets within the Asian countries are increasing as people become more prosperous. Government : Although many governments discourage the import of manufactured goods, they encourage the import of capital and technology to establish factories and provide employment.
5. There are three stages to the development of an NIC, from its traditional society to a developed world society. These are shown on the diagram and described below. The time frame for the whole process can be as little as 30 years.