Major industrial Belts
D
Andrea Horcasitas
13
eindustrialization and the growth of the service economy unfolded
in the context of a world-economy that was already characterized by wide socioeconomic disparities.
Despirte its continue dominance in the manufacturing area, the core has experienced some wrenching changes associated with the economic shifts of the past four decades. Industries are choosing to move to the periphery in search of lower wages, thus causing trouble for the core countries.
A region of the United States which used to be called the Manufacturing Belt is now commonly called the Rust Bell, evoking the image of long-abandoned, rusted-out steel factories. This same thing happened to a lot of industrial belts around the world.
Nonetheless, some secondary industrial regions have made transitions to a viable service economy fairly successfully. The Sun Belt is the southern region of the United States, it has managed to make its population and economy grow steadily over the last few years.