Industrialization has had a profound impact on society and the economy. Here are two significant impacts:
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Urbanization: Industrialization often leads to a massive migration of people from rural areas to cities in search of jobs in factories and industrial settings. This movement contributes to the growth of urban areas, leading to the development of metropolitan regions and changing social dynamics.
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Economic Growth and Productivity: The shift to industrial economies typically results in increased productivity and economic growth. Factory-based production methods allow for the mass production of goods, which can lower costs and increase availability, ultimately leading to higher living standards and the creation of new markets and job opportunities.