Industrialization And Deindustrialization Questions
Industrialization refers to the process of transforming an economy from primarily agrarian-based to one that is focused on manufacturing and industrial production. It involves the establishment of factories, mass production, and the utilization of advanced machinery and technology to increase productivity and economic growth.
On the other hand, modernization is a broader concept that encompasses various aspects of societal development, including economic, social, and cultural changes. It involves the adoption of new ideas, practices, and technologies to improve living standards, infrastructure, education, healthcare, and governance systems. While industrialization is a specific component of modernization, modernization can occur without a significant emphasis on industrialization.