Industrialization is the process by which economies transform from primarily agrarian societies to ones dominated by industry and manufacturing. This transformation typically involves technological advancements, the establishment of factories, and mass production of goods. As countries industrialize, they often experience urbanization, with people moving to cities for jobs. Yes, the process of industrialization is still ongoing, particularly in developing nations. This ongoing industrialization can shift the global balance of power, as emerging economies gain economic strength and influence, challenging the dominance of historically industrialized nations.
In 3–5 easy 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)
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