Livelihood strategy and sustainability aspects in industrialization as a source of employment in rural areas

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Abstract

Industrialization is a primary driver of long-term poverty reduction in developing countries. In the early phases of transitioning from an agricultural to an economic system, the economic growth in the average country development has a stronger capability to absorb more labor than the service sector, which is dominated by informal services in the normal low-income nation. The diminishing job prospects in rural regions are one of the most pressing issues affecting rural development. In villages, seasonal unemployment, partial unemployment, and craftsmen on the fringes because the technology they use has become outmoded are all frequent. Finding employment that fit people's skills is a huge issue for any government. Agriculture is usually considered to be unprofitable. This has resulted in a significant increase in migration to cities, aggravating the urban poor condition. Agricultural industrialization, as a term for substantial important changes in the food and fiber system (both local and international), is a comparatively new notion, as is sustainable development. With the advent of globalization and industrialization, small-scale industries have sprouted up in rural areas as well. Rural peoples are enrolling in educational institutions and training centers to improve their knowledge of how to carry out job responsibilities. However, working in industry and the agricultural sector has significantly increased their income and improved their living conditions. This paper maintained that industrialization and its accompanying structural transformations are a primary source of job creation and an engine of economic expansion. Industrialization increases and maintains the rate of growth of economies by reallocating resources to more productive manufacturing activity. Economic expansion promotes employment by raising the demand for labor.

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APA

Sahoo, G., Wani, A. M., Swamy, S. L., Roul, P. K., Dash, A. C., & Sharma, A. (2022). Livelihood strategy and sustainability aspects in industrialization as a source of employment in rural areas. In Social Morphology, Human Welfare, and Sustainability (pp. 643–670). Springer International Publishing. https://doi.org/10.1007/978-3-030-96760-4_26

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