An Industrialist's View of Secondary Industry

Abstract

For purposes of this paper I think I am on the safest grounds (and certainly only statistically reliable) if I regard secondary industry as synonymous with manufacturing industry in terms of the United Nations I.S.I.C. classification which is generally followed by the Central Statistical Office. The definition is a pretty wide one which, as Osborn has pointed out (Rhodesian Journal of Economics, December, 1968) and no doubt others will stress during the course of this symposium, does less than justice to the contribution of the primary producers; to attempt to narrow it, however, would influence my argument in only one respect, that is that it would perhaps require me to pay more than passing attention to the location of industry in relation to the source of its raw material. As it is, I would prefer to leave this issue aside, and to premise that the influences and the inhibitions governing the growth of manufacturing industry are generally those applicable to the footloose industries.