Review:
Industrialization
overall review score: 4.5
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score is between 0 and 5
Industrialization is the process by which an economy transforms from primarily agricultural to one based on manufacturing and production.
Key Features
- Mechanization of production processes
- Mass production of goods
- Development of factory systems
- Urbanization and migration from rural areas to cities
Pros
- Increased productivity and efficiency
- Creation of job opportunities in manufacturing sector
- Rise in standards of living for many people
Cons
- Environmental degradation and pollution
- Poor working conditions for laborers in factories
- Displacement of traditional agricultural practices