State 10 differences between modern and indigenous industry
1. Technology: Modern industries rely heavily on advanced technology and machinery, while indigenous industries may still utilize traditional tools and methods.
2. Scale of production: Modern industries typically operate on a larger scale, producing goods for mass consumption, while indigenous industries often focus on small-scale production for local markets.
3. Division of labor: Modern industries often involve a high degree of specialization and division of labor, whereas indigenous industries may rely more on collective or community-based work arrangements.
4. Market access: Modern industries have greater access to global markets through international trade and e-commerce, while indigenous industries may be more limited in terms of market reach.
5. Environmental impact: Modern industries can have a larger environmental footprint due to their use of resources and production processes, while indigenous industries may have a more sustainable and eco-friendly approach.
6. Ownership and control: Modern industries are often owned and controlled by large corporations or investors, while indigenous industries may be more locally owned and managed by community members.
7. Innovation: Modern industries are typically driven by research and development, leading to constant innovation and product improvements, while indigenous industries may have a more traditional approach with less focus on innovation.
8. Work conditions: Modern industries often have more regulated work conditions, with labor laws and safety regulations in place, while indigenous industries may have less formalized work arrangements.
9. Intellectual property rights: Modern industries place a strong emphasis on intellectual property rights and patents to protect their innovations and products, while indigenous industries may have a more communal approach to knowledge sharing and traditional practices.
10. Globalization: Modern industries are interconnected with global supply chains and markets, while indigenous industries may be more isolated and focused on local or regional trade.