Industrialization is the process of transforming an economy from a focus on agriculture to a reliance on manufacturing. It involves an extensive reorganization of an economy for the purpose of manufacturing, and is associated with an increase of polluting industries heavily dependent on fossil fuels. The first transformation from an agricultural to an industrial economy is known as the Industrial Revolution and took place from the mid-18th to early 19th century in Great Britain, spreading to other areas in Europe and North America. Characteristics of this early industrialization were technological progress, a shift from rural work to industrial labor, and financial investments in new industrial structures.
Industrialization is usually associated with a greater average income and improved living standards. Mechanized methods of mass production are an essential component of this transition. The positive characteristics of industrialization include economic growth, a more efficient division of labor, and a growth spurt in technological innovation. However, industrialization has also sometimes led to higher levels of pollution and carbon emissions, as well as exploitative labor practices.
Industrialization can be driven by a combination of factors including government policy, labor-saving inventions, entrepreneurial ambitions, and a demand for goods and services. It has profound implications for the population, causing a wave of migration from small farms to cities and towns where jobs can be found. Industrialization rearranges a country’s economy from one based on farming to one that focuses on industry.
In summary, industrialization is a process of transforming an economy from agriculture to manufacturing, which involves an extensive reorganization of the economy for the purpose of manufacturing. It has profound implications for the population, causing a wave of migration from small farms to cities and towns where jobs can be found. Industrialization is usually associated with a greater average income and improved living standards, but it has also sometimes led to higher levels of pollution and carbon emissions, as well as exploitative labor practices.