How has industrialization created interdependence among countries in the world?
Answers
Answer:
Industrialization—the period of transformation from an agricultural economy to an urban, mass-producing economy—has accompanied every period of sustained per capita gross domestic product (GDP) growth in recorded history. Less than 20% of the world's population lives in industrialized nations, yet they account for more than 70% of the world's output. The transition from agrarian to industrial society is not always smooth, but it is a necessary step to escape the abject poverty found in less-developed
Answer:
Industrialization greatly increased the economic, military, and political strength of the societies that embraced it. By and large, the countries that benefited from industrialization were the ones that had the necessary components of land, labor and capital, and often government support.
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