Question

Difference between globalization and industrialization

Answer 1

Globalisation means developed the world
industrialization means developed the industry

Answer 2

Difference between globalization and industrialization:

Globalization:

• Globalization is the dependence of one economy in a country/ region with another to maintain stability and flourish in equal terms so as to maintain healthy relationships between economies.
• It involves interdependence of two economies. The progress can be seen in more than a region or economy involved.

Industrialization:

• Industrialization is the stage of development in an economy of enabling itself in manufacturing goods that can be used.
• Industrialization depends only on a single economy and it does not involve interaction between economies.  

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