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This podcast has
1 episodes
Language
EnglishPublisher
Emmanuel ChinonsoExplicit
No
Date created
2021/06/03
Latest episode
2021/06/02
Average duration
8 min.
Release period
- days
Description
The first steps toward industrialization took place in the middle of the 18th century. The initial focus was on specific areas of North America and Europe, with Great Britain leading the way into this new economy. Its initial characteristics included shifts from rural work, technological progress, and changes in class consciousness.
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18 Advantages and Disadvantages of Industrialization
2021/06/02
Industrialization is the development of industries in a region or a country on a wide scale. It is also the period of economic and social change that transforms human societies from agrarian tendencies into one that has the purpose of manufacturing. When the incomes of workers rise, then the markets for different consumer goods and services expands. That results in a further stimulus to economic growth and industrial investment.
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