TheTaxHeaven Dictionary - Know the meaning of tax

Industrialisation - Definition & Advantages of Industrialisation | What is Industrialisation?

Industrialisation is the shift from an agricultural to an industrial society, leading to the growth of factories and increased goods production. It also caused a workforce shift from rural to urban areas. This post discusses what industrialisation is, its pros and cons, and its effects on different countries. 

  

Industrialization

Industrialisation is an economic and social change that shifts a society from pre-industrial to industrial. It's part of a broader modernisation process involving social changes and technology adoption. This process started in Western Europe in the late 18th century, leading to population growth and city expansion. 

  

Benefits of Industrialization

Industrialisation has many benefits, including increased living standards, productivity, job creation, and improved worldwide living conditions. It provides better goods and services and improved public health due to medical and sanitation advancements. 

  

Downsides of Industrialization

Industrialisation also has disadvantages such as environmental pollution and traditional industry and job decline as workers move from rural to urban areas. 

  

Conclusion

Industrialisation is a societal shift from pre-industrial to industrial. It's a historical process that has occurred multiple times, significantly during the 18th and 19th centuries. Currently, it's happening rapidly in developing countries. Despite its benefits, industrialisation also has drawbacks like environmental pollution and worker exploitation. However, its benefits outweigh its drawbacks.