How industrialization helped in the development of infrastructure in India and England?
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Industrialisation (or industrialization) is the period of social and economic change that transforms a human group from an agrarian society into an industrial one. It is a part of a wider modernisation process, where social change andeconomic development are closely related with technological innovation, particularly with the development of large-scale energy and metallurgy production. It is the extensive organisation of an economy for the purpose ofmanufacturing.[2] Industrialisation also introduces a form of philosophical change where people obtain a different attitude towards their perception of nature, and a sociological process of ubiquitous rationalisation[citation needed].
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India’s first Prime Minister, Jawaharlal Nehru, Premier from 1947 to 1964, saw industrialization as the key to alleviating poverty. Industrialization not only promised self-sufficiency for his nation that had just regained political sovereignty, but also offered external economies accruing from technical progress. Believing the potential of agriculture and exports to be limited, Indian governments taxed agriculture by skewing the terms of trade against it and emphasizing import substitution, thus giving priority to heavy industry.
IT RESULTED IN ::------
1.Growth of national income
2.Alleviation of poverty
3.Reduction of income inequalities
4.Education
5. Health
IN BOTH THE COUNTRIES
IT RESULTED IN ::------
1.Growth of national income
2.Alleviation of poverty
3.Reduction of income inequalities
4.Education
5. Health
IN BOTH THE COUNTRIES
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