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Industrialisation or industrialization is the period of social and economic change that transforms a human group from an economy for the purpose of manufacturing.[2]
As industrial workers' incomes rise, markets for consumer goods and services of all kinds tend to expand and provide a further stimulus to industrial investment and economic growth.
The first transformation to an industrial economy from an agricultural one, known as the Industrial Revolution, took place from the mid-18th to early 19th century in certain areas in Europe and North America; starting in Great Britain, followed by Belgium, Germany, and France. Later commentators have called this the first industrial revolution.[3][4]
The "Second Industrial Revolution" labels the later changes that came about in the mid-19th century after the refinement of the steam engine, the invention of the internal combustion engine, the harnessing of electricity and the construction of canals, railways and electric-power lines. The invention of the assembly line gave this phase a boost.[5][6][7]
By the end of the 20th century, East Asia had become one of the most recently industrialised regions of the world.[8]
There is considerable literature on the factors facilitating industrial modernisation and enterprise development.[9]
The concentration of labour into factories has brought about the rise of large towns to serve and house the factory workers.
Workers have to leave their family in order to come to work in the towns and cities where these industries are found.
The family structure changes with industrialisation. The sociologist Talcott Parsons noted that in pre-industrial societies there is an extended family structure spanning many generations who probably remained in the same location for generations. In industrialised societies the nuclear family, consisting of only parents and their growing children, predominates. Families and children reaching adulthood are more mobile and tend to relocate to where jobs exist. Extended family bonds become more tenuous.[10]
Currently the "primary education and Co-Operation amongst third world communities.[11] There are members of the Economic communities who do not consider contemporary industrialisation policies as being adequate to the global south (Third World countries) or beneficial in the longer term, with the perception that it could only create inefficient local industries unable to compete in the free-trade dominated political order which it has created.
The relationship between economic growth, employment and poverty reduction is complex. Higher productivity is argued to be leading to lower employment (see jobless recovery).[12] There are differences across sectors, whereby manufacturing is less able than the tertiary sector to accommodate both increased productivity and employment opportunities; over 40% of the world's employees are "working poor" whose incomes fail to keep themselves and their families above the $2 a day poverty line.[12] There is also a phenomenon of deindustrialisation, such as in the former USSR countries' transition to market economies, and the agriculture sector often is the key sector in absorbing the resultant unemployment.[12]
Technology, Germany, 3D printing, Infrastructure, Computer science
Adam Smith, Industrial Revolution, World Bank, Capitalism, Plato
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Lancashire Cotton Corporation, Greater Manchester, Cotton, Oldham Loop Line, England