Problems of industrialization
Answer Text: Problems of Industrialisation1. Kenya lacks adequate capital for industrial establishment forcing her to get loans from financial institutions such as I.M.F and World Bank whose interest rates are very high and sometimes come with strings attached.2.Industries suffer from the problem of raw materials e.g. agricultural industries when agriculture fails due to adverse weather conditions. Timber industry suffers due to trees taking long time to mature and those depending on imported raw materials suffer when strict exchange control are put in place.3.Local market for industrial goods isn’t sufficient to sustain production due tolow purchasing power, the cost of manufactured goods being too high due to the high cost of raw materials and the preference of some people to buy imported products thinking they are of better quality.4.Lack of skilled labour due to brain drain forcing the government to employ expatriates whose salary package is very high thus lowering the profits. It mayalso lead to poor management leading to losses and eventual close down of some industries.5.Locally produced goods compete with imported goods which are in most cases cheaper leading to the decline or death of local industries. There for instance is importation of 2nd hand clothes which has led to the decline of textile industry.6. There is the problem of the high cost of energy due to importation of petroleum at very high cost causing the industrial costs to tremendously increase thus affecting the marketability of the products as they become affordable.7. Industries cause environmental degradation e.g. pollution from the emissions they release intothe air and effluents they release into water bodies. Atmospheric has led to global warming and water pollution to death of fish. Industries such as cement manufacturing make land derelict by depositing rock wastes on the ground.
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