Saturday, November 2, 2019

Industrialization in development Essay Example | Topics and Well Written Essays - 2500 words

Industrialization in development - Essay Example n the Industrial Revolution, which began in Great Britain in the 18th century and spread to other parts of Europe and North America in the early 19th century {Stearns, Peter N., and John H. Hinshaw,1996). Industrialization had occurred by the end of the 19th century in some southern European countries and in Japan, and during the 20th century, particularly after World War II (1939-1945), in eastern Asia. In many developing nations, industrialization started even later during the 80’s and 90’s.Today, Japan, the United States, and the United Kingdom are among the worlds major industrialized countries. Of the late China, Singapore, and many other European nations have also joined this list. Along with these many prospective developing countries like India, Brazil and South Africa have also made great strides. The  process  of  industrialization usually includes a movement from rural to urban living and a shift from home to factory production. Increased mechanization in agriculture generally leads to increased agricultural productivity and enough food for large urban populations. Agricultural productivity growth is necessary for modern industrial growth to become self-sustaining. Other conditions are also necessary for industrialization to occur, and the next section describes three differing theories on this process that were developed during the 20th century. Industrialization was not a process of smaller period, but it was slow phase change of the economy and the manufacturing methods. It led to the mechanization of the process. The production of goods was decentralized, giving small groups of workers a sense of active participation in and control over their work. Costs were high, however, and the volume of production was relatively low. Industrialization greatly heightened output and made key goods, sometimes called commodities, more accessible. Industrialization has a great impact on modern economy. It made rich more richer and poor still poorer, due to

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