Industrial Decline in the U.S. Heartland
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This paper examines industrial decline in the Heartland Region of the United States and traces the problem to both declines in its industries and, more importantly, changes in locational and strategic decision making criteria. The paper discusses globalization and its challenge to the heartland and looks at the traditional locational analysis that 'created' the heartland. Finally, the paper considers the current irrelevance of these theories to the new industries emerging in the wake of the Information Technology (IT) revolution. Overall, the paper shows how the heartland has lost its head start in traditional industries and has little appeal to new industries.
From the Paper:"Fifty years ago the infrastructure and economies of Europe, were all devastated by at least six years of war. In Asia, Japan had been bombed mercilessly for three years while Korea and China had been ravaged by decades of warfare and Japanese occupation. None of these economies presented any challenge to the traditional industries of the heartland as the post-war economic boom began in the early 1950s.
"By 1990 this had changed radically. Some of the fastest and best steel plants in the world were being built in Europe and Japan while plants in the heartland aged. Similar events were occurring in the automobile industry. In 1960 Honda, Suzuki, and Toyota were simply unheard of. There were none in North America and few outside of Asia. Today, these vehicles are firmly established on American roads.
"To some extent these Asian manufacturers have established plants in North America, frequently in the heartland. However, the globalization of the traditional industries that, in 1950, the heartland enjoyed a de facto monopoly over has, inevitably, dispersed global production of these commodities. The region of the United States most deleteriously affected by the trade liberalization that both globally and in the United States has recently enjoyed political cachet is the heartland."
Cite this Term Paper:
Industrial Decline in the U.S. Heartland (2003, October 15) Retrieved June 19, 2013, from http://www.academon.com/term-paper/industrial-decline-in-the-us-heartland-38753/
"Industrial Decline in the U.S. Heartland" 15 October 2003. Web. 19 June. 2013. <http://www.academon.com/term-paper/industrial-decline-in-the-us-heartland-38753/>