U4: Industries in Singapore

I know it was quite a rush during the last period trying to cover this heavy topic. Just to briefly summarise again:

• After gaining independence, Singapore was facing a high unemployment rate (too many people but too few jobs to go around).
• This led to people getting poor, not having enough food and lots of other social problems.
• The solution would be to create jobs by setting up industries and factories.
• However to attract investors to come and set up factories, Singapore needed to promote itself as a suitable place to them.
• First step would be to prepare the place (build roads, set up electrical and water systems etc)
• Next, it would be to try and advertise/promote the country globally so as to attract investors.
• The various industries include tourism (think about tourists), financial (think about banks) and Biomedical Science (think about scientists, researchers and engineers).
• All these help Singapore to "Earn Money" for everyone.