Business Studies, asked by dhairya4143, 1 year ago

What is industrialization?what are the factors influence in the industrialization?

Answers

Answered by dilkhush92
3

Answer:

Industrialization is a transformation away from an agricultural- or resource-based economy, toward an economy based on mass manufacturing.

Industrialization is usually associated with increases in total income and living standards in a society.

Early industrialization occurred in Europe and North America during the 18th and 19th centuries, and later in other parts of the world.

Numerous strategies for industrialization have been pursued in different countries over time, with varying levels of success.

Answered by Anonymous
2

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.

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