what is industrialization and what are its benefits?
Answers
Industrialization is the development of industries in a country or region on a broad scale. ... The main advantage comes from the fact that industrialization gives us more goods that can be bought at affordable prices. When an economy industrializes, things are made more rapidly and in higher quantity.
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Answer:
Industrialization is the process by which an economy is transformed from primarily agricultural to one based on the manufacturing of goods. Individual manual labor is often replaced by mechanized mass production, and craftsmen are replaced by assembly lines
Explanation:
Industrialization Improves Profits. ...
Industrial Development = Modernization. ...
Industrial Development Leads to Urbanization. ...
Industrial Development of One Industry Leads to Growth in Others. ...
Industrialization Reduces Unemployment & Poverty. ...
Industrialization Leads to a Higher Standard of Living