Industrialization

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Industrialization

Industrialization (pronunciation: /ˌɪndəstrɪəlaɪˈzeɪʃən/) is the process by which an economy is transformed from primarily agricultural to one based on the manufacturing of goods.

Etymology

The term "Industrialization" comes from the Latin word industria, meaning "diligence, hard work", and the suffix -ization, which denotes an action or process.

Definition

Individual manual labor is often replaced by mechanized mass production, and craftsmen are replaced by assembly lines. Characteristics of industrialization include the use of technological innovation to solve problems, increase productivity, and improve living standards.

Related Terms

  • Economy: An area of the production, distribution and trade, as well as consumption of goods and services by different agents.
  • Agriculture: The science, art and practice of cultivating plants and livestock.
  • Manufacturing: The production of goods for use or sale using labour and machines, tools, chemical and biological processing, or formulation.
  • Technological Innovation: The process of developing and applying new methods, devices, products or services.
  • Productivity: The efficiency of production of goods or services expressed by some measure.
  • Living Standards: The level of wealth, comfort, material goods and necessities available to a certain socioeconomic class or a certain geographic area.

Impact of Industrialization

Industrialization has had profound effects on society, the economy, and the environment. It has led to increased productivity and wealth, but it has also led to increased pollution and social inequality.

See Also

External links

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