State the definition and characteristics of industrialization and explain its impact on Indian society. (Give answer in detail, about 250 words)
Answers
Definition
Industrialisation or industrial enterprise reflects to the amount of social and economic modification that transforms a personality's cluster from an agricultural society into an industrial society, involving in depth re-organisation of an economy for the aim of producing. The method using which historically nonindustrial sector (such as agriculture, education, health) of an economy become more and more like the producing sector of the economy.
Characteristics Of Industrialisation
The main options concerned within the technological revolution were technological, socioeconomic, and cultural. The technological changes enclosed the following:
(1) The employment of recent basic materials, in the main iron and steel.
(2) The employment of recent energy sources, together with each fuels and motivation, like coal, the external-combustion engine, electricity, petroleum, and also the ICE.
(3) The invention of recent machines, like the spinning machine and also the loom that allowable inflated production with a smaller expenditure of human energy.
(4) A brand new organisation of labour referred to as the plant system, that entailed inflated division of labour and specialisation of perform.
(5) Necessary developments in transportation and communication, together with the locomotive, steamship, automobile, air-plane, telegraph, and radio.
(6) The increasing application of science to business.
Positive Impact of Industrialisation
- Low cost of production .
- Self-sufficient.
- Employment .
- Improved Agriculture.
- Defensive and security.
Negative Impact of Industrialisation
- Decline of cottage industry.
- Mass migration from rural areas.
- Depletion of natural resources.
- Pollution.
- Increase of war-like situation.
Industrialization refers to the process in which an economy moves ahead of agriculture and starts inclining more towards production of goods.
Characteristics include capitalism, increased use of machinery and establishment of more factories.
In India, it has resulted in massive urbanization of rural areas, increased employment for the youth and improved standard of living for all.