How does Industrialization leads to trade? Give example.
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Industrialization has historically led to urbanization by creating economic growth and job opportunities that draw people to cities. Urbanization typically begins when a factory or multiple factories are established within a region, thus creating a high demand for factory labor.
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How does Industrialization leads to trade? Give example.
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Despite the inequalities, the division of labor between people in countries that produced raw materials and those that produced manufactured goods increased the total volume of world trade. In turn, this increased volume led to better technology, which reinforced and fed the trade.
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