Industrialization
Industrialization is the process by which societies transition from an economy based primarily on agriculture and handicrafts to one dominated by manufacturing and industrial production. This shift typically involves the use of machinery, technological advancements, and the establishment of factories, leading to increased efficiency and productivity. Industrialization often brings about urbanization, as people move to cities for work, and it significantly impacts social structures, economies, and the environment. It has played a crucial role in shaping modern economies and has been a driving force behind advancements in living standards, but it also poses challenges such as pollution and economic inequality.
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Industrialization is the process where economies shift from primarily agricultural-based systems to ones centered around manufacturing and industry. This transition typically involves the use of machinery, factories, and new technologies to produce goods more efficiently. It leads to increased production capacity, urbanization as people move to cities for jobs, and significant changes in social structures. While it can boost economic growth and improve living standards, industrialization may also bring challenges, such as environmental pollution and labor exploitation. Overall, it's a crucial phase in the development of modern economies.