The 6 Stages of Industrialization

Everything around us is a combination of a few of these products. The process of producing finished products is made up of up to six stages, which have similar characteristics. More than 90% of what is consumed around the world - is created using them. Even the production of electricity involves the extensive use of heat produced from fuels, the use of metals for generators, transformers, transmission lines or glass for photovoltaic stations. At each stage of industrialisation, situation-specific programmes are needed. Chaotic organisation of programmes destabilises the economy. If mortgage loans are granted on favourable terms, and there is not enough production capacity for building materials for these houses - this leads to a situation where imports of building materials increase. As a result, there is a lot of construction, with an exodus of capital from the country to pay for the materials and financial difficulty in maintaining mortgage loans. Maintaining the money supply is the main thing to keep in the country, and to avoid inflation it is related to the volume of existing goods and services. In order to take full advantage of the programmes reserved for the 6th stage of industrialisation it is necessary to invest, subsidise, support the emergence of those lower stages of industrialisation, so that the stimulation of consumption of finished products stimulates the demand for each product carried out in the previous stages. In technical language it would sound like this: initial investments should be made in factories producing building materials, sanitary ware, furniture, house ware, roofing, etc. - then the mortgage loan program should be launched and the flow of money should go from the bank to the construction companies - to the local building material factories - to the extraction plants and all related industries. The money will stay in the country, there will be wages, there will be stimulated consumption and redistribution throughout the country - so people will be able to pay off their mortgages because they have permanent income, including from the billions that feed into the production of building materials. Taking money out of the country through imports leaves producers, employees, extractors, processors, the extractive industry without income.