Industrialisation is the process of social and economic change whereby a human group is transformed from a pre-industrial 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 organization of an economy for the purpose of manufacturing.[2]

Industrialisation also introduces a form of philosophical Philosophy is the study of general and fundamental problems concerning matters such as existence, knowledge, values, reason, mind, and language. It is distinguished from other ways of addressing fundamental questions by its critical, generally systematic approach and its reliance on rational argument. The word "Philosophy" comes from the change where people obtain a different attitude towards their perception of nature Nature, in the broadest sense, is equivalent to the natural world, physical world, or material world. "Nature" refers to the phenomena of the physical world, and also to life in general. It ranges in scale from the subatomic to the cosmic, and a sociological Sociology is the study of human societies. It is a social science that uses various methods of empirical investigation and critical analysis to develop and refine a body of knowledge and theory about human social activity, often with the goal of applying such knowledge to the pursuit of social welfare. Subject matter ranges from the micro level of process of ubiquitous rationalisation In sociology, rationalization is the process whereby an increasing number of social actions and interactions become based on considerations of teleological efficiency or calculation rather than on motivations derived from custom, tradition, or emotion. It is regarded as a central aspect of modernity, manifested especially in Western society; as a.

There is considerable literature on the factors facilitating industrial modernisation and enterprise development.[3] Key positive factors identified by researchers have ranged from favourable political-legal environments for industry and commerce, through abundant natural resources Natural Resources is a soul album released by Motown girl group Martha Reeves and the Vandellas in 1970 on the Gordy label. The album is significant for the Vietnam War ballad "I Should Be Proud" and the slow jam, "Love Guess Who". The album marked a return from lead singer Martha Reeves, recovering from a time in a mental of various kinds, to plentiful supplies of relatively low-cost, skilled and adaptable labour Wage labour is the socioeconomic relationship between a worker and an employer in which the worker sells their labour under a contract , and the employer buys it, often in a labour market.[Need quotation on talk to verify]It is the effort that people devote to a task for which they are paid The products of labour become the employer's property. A.

One survey[citation needed] of countries in Africa Africa is the world's second-largest and second most-populous continent, after Asia. At about 30.2 million km² including adjacent islands, it covers 6% of the Earth's total surface area and 20.4% of the total land area. With a billion people (as of 2009, see table) in 61 territories, it accounts for about 14.72% of the World's human population, Asia Asia is the world's largest and most populous continent, located in the eastern and northern hemispheres. It covers 8.6% of the earth's total surface area and with approximately 4 billion people, it hosts 60% of the world's current human population, the Middle East The Middle East is a region that encompasses southwestern Asia and Egypt. In some contexts, the term has recently been expanded in usage to sometimes include Afghanistan and Pakistan, the Caucacus and Central Asia, and North Africa. It's often used as a synonym for Near East, in opposition to Far East. The corresponding adjective is Middle-Eastern, and Latin America Latin America is a region of the Americas where Romance languages (i.e., those derived from Latin) – particularly Spanish, Portuguese, and variably French – are primarily spoken. Latin America has an area of approximately 21,069,501 km² (7,880,000 sq mi), almost 3.9% of the Earth's surface or 14.1% of its land surface area. As of 2008, its and the Caribbean The Caribbean is a region consisting of the Caribbean Sea, its islands , and the surrounding coasts. The region is located southeast of the Gulf of Mexico and Northern America, east of Central America, and to the north of South America in the late 20th century found that high levels of structural differentiation, functional specialisation, and autonomy of economic systems from government were likely to contribute greatly to industrial-commercial growth and prosperity. Amongst other things, relatively open trading systems with zero or low duties on goods imports International trade is exchange of capital, goods, and services across international borders or territories. It refers to exports of goods and services by a firm to a foreign-based buyer In most countries, it represents a significant share of gross domestic product (GDP). While international trade has been present throughout much of history (see tended to stimulate industrial cost-efficiency and innovation Innovation is a new way of doing something or "new stuff that is made useful". It may refer to incremental and emergent or radical and revolutionary changes in thinking, products, processes, or organizations. Following Schumpeter , contributors to the scholarly literature on innovation typically distinguish between invention, an idea across the board. Free and flexible labour and other markets A market is any one of a variety of different systems, institutions, procedures, social relations and infrastructures whereby persons trade, and goods and services are exchanged, forming part of the economy. It is an arrangement that allows buyers and sellers to exchange things. Markets vary in size, range, geographic scale, location, types and also helped raise general business-economic performance levels, as did rapid popular learning capabilities.

Positive work ethics in populations at large combined with skills in quickly utilising new technologies and scientific discoveries were likely to boost production and income levels – and as the latter rose, markets for consumer goods and services of all kinds tended to expand and provide a further stimulus to industrial investment Investment is the investing of money or capital in order to gain profitable returns, as interest, income, or appreciation in value. It is related to saving or deferring consumption.[citation needed] Investment is involved in many areas of the economy, such as business management and finance no matter for households, firms, or governments. An and economic growth Economic growth is a term used to indicate the increase of total GDP. It is often measured as the rate of change of gross domestic product . Economic growth refers only to the quantity of goods and services produced; it says nothing about the way in which they are produced. Economic development, a related term, refers to change in the way goods. By the end of the century, East Asia East Asia or Eastern Asia is a subregion of Asia that can be defined in either geographical or cultural terms. Geographically and geo-politically, it covers about 12,000,000 km2 (4,600,000 sq mi), or about 28 percent of the Asian continent, about 15 percent bigger than the area of Europe was one of the most economically successful regions of the world – with free market A free market is a market without economic intervention and regulation by government except to regulate against force or fraud. This is the contemporary use of the terminology is used by economists and in popular culture; the term has had other uses historically. A free market requires protection of property rights, but no regulation, no countries such as Hong Kong Hong Kong is a special administrative region of the People's Republic of China. Situated on China's south coast and enclosed by the Pearl River Delta and South China Sea, it is renowned for its expansive skyline and deep natural harbour. With land mass of 1,104 km2 (426 sq mi) and a population of seven million people, Hong Kong is one of the most being widely seen as models for other, less developed countries around the world to emulate.[4] The first country to industrialize was Great Britain The United Kingdom of Great Britain and Northern Ireland[note 7] is a sovereign state located off the northwestern coast of continental Europe. It is an island country, spanning an archipelago including Great Britain, the northeastern part of Ireland, and many small islands. Northern Ireland is the only part of the UK with a land border, sharing during the Industrial Revolution The Industrial Revolution was a period from the 18th to the 19th century where major changes in agriculture, manufacturing, mining, and transport had a profound effect on the socioeconomic and cultural conditions starting in the United Kingdom, then subsequently spreading throughout Europe, North America, and eventually the world. The onset of the.[5]

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