Question

In 3–5 sentences, describe the process of industrialization. Is the process of industrialization still going on? If so, how does this affect the global balance of power?(4 points)

Answer 1

Industrialization is the process by which economies transition from primarily agrarian and manual labor systems to those characterized by mechanized production, technological innovation, and the growth of factories. This transformation typically involves urbanization, the development of infrastructure, and shifts in labor forces from agriculture to manufacturing and services. Industrialization is indeed still ongoing, particularly in developing nations where technology and industrial capabilities are rapidly expanding. This ongoing process can affect the global balance of power by shifting economic influence toward emerging markets, altering trade relationships, and increasing competition for resources and innovation among nations, thereby redefining geopolitical dynamics.