For industry to settle in a country, you first need electricity for electricity, you need some trained workers for trained workers, you need some schools for schools you need some money for money, you need some industry.

The quotation describes a classic “chicken-and-egg” problem in economic development: key prerequisites for industrialization—reliable power, skilled labor, education systems, and capital—tend to depend on one another. Davis’s chain of dependencies highlights why poor countries can struggle to attract or grow industry without coordinated, upfront investment or external support. The implied argument is that markets alone may not spontaneously generate the initial bundle of infrastructure and human capital needed to trigger a self-sustaining cycle of growth; instead, development often requires sequencing, state capacity, or catalytic interventions that break the loop (e.g., electrification programs, education drives, or targeted industrial policy).