What is industrialization?

Industrialization And Deindustrialization Questions



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What is industrialization?

Industrialization refers to the process of transforming an economy from primarily agrarian and manual labor-based to one that is dominated by mechanized and factory-based production. It involves the development and expansion of industries, such as manufacturing and mining, and the adoption of new technologies and production methods. Industrialization typically leads to increased productivity, urbanization, and economic growth.