Preview

Economic Development and Industrialization

Powerful Essays
Open Document
Open Document
1964 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Economic Development and Industrialization
GEOGRAPHY

INDUSTRIALIZATION
DEFINITION
The process in which a society or country (or world) transforms itself from a primarily agricultural society into one based on the manufacturing of goods and services. 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 as opposed to superstition or dependency upon conditions outside human control such as the weather, as well as more efficient division of labor and economic growth.

Industrialization is most commonly associated with the European Industrial Revolution of the late eighteenth and early nineteenth centuries. The onset of the second World War also led to a great deal of industrialization which resulted in the growth and development of large urban centers and as well as suburbs. Industrialization is an outgrowth of capitalism.

The full form of GDP is Gross Domestic Product. GDP is the indicator of a country's economical status.
INDUSTRIALIZATION IN INDIA

HISTORY OF INDIAN INDUSTRIALIZATION

Before India was introduced to the industrialization or the industrial revolution, india was largely an agricultural country. Before the british invasion India became famous for her handicrafts and textiles too. During the Mughal Period, India had a considerable variety of arts and handicrafts and the products commanded wide range of foreign markets. At that time no other country produced products that could be imported to India in exchange for cotton and silk goods which were in world-wide demand. Europe had to pay in billions for the increasing volume of Indian exports.
India was also famous for jewelry of exquisite quality made out of gold, silver, copper, brass and bell-metal. Many urban centers were famous for carving work in ivory, wood, stone and marble. In bigger towns each handicraft was organized into a guild which safeguarded the

You May Also Find These Documents Helpful

  • Satisfactory Essays

    The purpose of this lab is to see if over time progression of industrialization and human development what impacts humans will have on the sustainability of groundwater in our country.…

    • 464 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    An Industrial Revolution is when production advances to machines instead of by hands. Industrial Revolution, which started in the early 19th century in Britain, spread throughout the world and reached Japan around 1868. However, industrialization of each nation was different because of geographical location and cultural influence and thus resulted in similar economic outcome but quite diverse political and social results.…

    • 381 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Industrial Revolution, widespread replacement of manual labor by machines that began in Britain in the 18th century and is still continuing in some parts of the world. The Industrial Revolution was the result of many fundamental, interrelated changes that transformed agricultural economies into industrial ones. The most immediate changes were in the nature of production: what was produced, as well as where and how. Goods that had traditionally been made in the home or in small workshops began to be manufactured in the factory. Productivity and technical efficiency grew dramatically, in part through the systematic application of scientific and practical knowledge to the manufacturing process. Efficiency was also enhanced when large groups of…

    • 4355 Words
    • 18 Pages
    Powerful Essays
  • Satisfactory Essays

    Industrialization changed the way the people lived during the 19th an 20th century greatly. Industrialization led to a vast amount of changes in 3 major areas, society, politics, and the economy (Bulliet, 618). As society evolved from an agriculture based society to an industrial based society. Products became more available and more cost effective, living conditions changed and the family structure changed (Industrial Revolution, 2).…

    • 501 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    GDP (Gross Domestic Product) is the total market value of a country’s output. It is the measure of the total production of an economy where it provides us with a country’s economic report card. (Case & Fair, 2007)…

    • 482 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    Industrialisation came about in the early 1900s. It was the growth of manufacturing and agricultural farmers went to the urban areas leaving the rural land behind looking for work. People say that industrilisation was the cause that led to the break up of the extended family.…

    • 375 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    History Khmer 10

    • 650 Words
    • 3 Pages

    • Industrialization: process of social and economic change that transforms a human group from a preindustrial society to an industrial one.…

    • 650 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Industrialization

    • 564 Words
    • 3 Pages

    Industrialization refers to the development of machine production of goods and new energy resources. Industrialization had many positive and negative effects on the citizens of Europe in the 18th and 19th centuries.…

    • 564 Words
    • 3 Pages
    Good Essays
  • Better Essays

    The Industrialization of Europe, occurred between 1780 and 1914, starting in Britain, and was marked by three phases, each associated with a different region and technology. The Industrial revolution refers to structural changes in the economies of certain European countries in this period, which were as follows- (1) a reduction in the contribution of the agrarian sector to the economy and an increase in industrial and commercial sector’s contribution, (2) discovery and use of new sources of power which revolutionized production, (3) a subsequent shift to manufacturing on a large scale-in factories, (4) technological innovations and new types of investment. Clive Trebilcock, delineates the three phases of industrialization- the first phase (1780s-1820s)was pioneered by Britain, the second phase (1840-1870) saw France, some areas of the German States and U.S.A. industrializing, while the third phase (late1890s-1914) saw Japan, Italy, Russia Sweden, parts of Spain, Hapsburg empire and Hungary industrialize.…

    • 3852 Words
    • 16 Pages
    Better Essays
  • Good Essays

    Green Business

    • 580 Words
    • 3 Pages

    Industrialization is defined as the large-scale of introduction of manufacturing, advanced technical enterprises, and other productive economic activity in an area. In today's world, many countries are becoming industrialized because it is a sign of power and wealth. Industrialization however, can have negative effect on the environment and living things that include factors such as overpopulation, pollution and bad business practices (greed). This is why a lot of people and organizations today are helping to promote better ways of doing business that will help reduce the negative effects of industrialization. on…

    • 580 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    INDUSTRILIZATION Industrialisation (or industrialization) is the period of social and economic change that transforms a human group from an agrarian society into an industrial one. It is a part of a wider modernisation process, where social change and economic development are closely related with technological innovation, particularly with the development of large-scale energy and metallurgy production. It is the extensive organisation of an economy for the purpose of manufacturing.[2] Industrialisation also introduces a form of philosophical change where people obtain a different attitude towards their perception of nature, and a sociological process of ubiquitous rationalisation…

    • 1123 Words
    • 4 Pages
    Powerful Essays
  • Satisfactory Essays

    Economic Development

    • 258 Words
    • 2 Pages

    Economic development is the increase in the standard of living in a nation's population with sustained growth from a simple, low-income economy to a modern, high-income economy.[1][2] Also, if the local quality of life could be improved, economic development would be enhanced.[3] Its scope includes the process and policies by which a nation improves the economic, political, and social well-being of its people.…

    • 258 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Modernisation Theory

    • 2248 Words
    • 7 Pages

    Modernization, industrialization, and development are often used interchangeably but in fact refer to distinguishable phenomena. Industrialization is a narrower term than modernization, while development is more general. Industrialization involves the use of inanimate sources of power to mechanize production, and it involves increases in manufacturing, wage labor, income levels, and occupational diversification.…

    • 2248 Words
    • 7 Pages
    Powerful Essays
  • Satisfactory Essays

    Since the 19th century, industrialization has had positive and negative effects on the live of workers. Industrialization is the process of modernization and mass production of most goods. This also includes but not limited to mining and the forging of iron. An area where industrialization had a massive effect was in Eastern Europe. It emerged as a need to modernize and unify Europe. Although Britain led industrialization at first, it quickly exploded from Spain all the way through Russia.…

    • 518 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    Industrialization is very important for the development of country. It is considered as the backbone for the economy of country. Every businessman wants to grow its business by increasing its productivity.…

    • 1175 Words
    • 5 Pages
    Powerful Essays