In 1–2 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?(2 points)
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The process of industrialization is the transition from an agrarian and manual labor-based economy to one characterized by machine production and the use of newer technologies. While industrialization has already occurred in many parts of the world, it is still ongoing in some developing nations which contributes to the shifting global balance of power by creating new economic centers and potential superpowers.
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