Industrialization

A detailed Summary of Industrialization


Industrialization, in economics, condition marked by an increase in the importance of industry to an economy. The process of industrialization describes the transition from an agricultural society to one based on industry. During the process of industrialization, per capita income (level of income per person) rises and productivity levels increase.

Modern industrialization is often dated as having its origins in the Industrial Revolution, which began in Great Britain in the 18th century and spread to other parts of Europe and North America in the early 19th century. Industrialization had occurred by the end of the 19th century in some southern European countries and in Japan, and during the 20th century, particularly after World War II (1939-1945), in eastern Asia. Today, Japan, the United States, and Great Britain are among the world's major industrialized countries.

The process of industrialization usually includes a movement from rural to urban living and a shift from home to factory production. Increased mechanization in agriculture generally leads to increased agricultural productivity and en


In recent years economists have attempted to explain the process of industrialization within a framework of "catch-up" growth. These theories set forth the premise that late industrializers can imitate technologies already in existence in the leading industrial countries, allowing them to undertake economic development and catch up to the per capita productivity levels of the leaders.

Russian-born economist Alexander Gerschenkron introduced the concept of relative backwardness, in which the development path of a late industrializing country will, by the virtue of its backwardness, differ fundamentally from that of the leading industrial country. He theorized that the late industrializer displays the following characteristics: a rapid and intense growth of industrial output; an emphasis on producer goods (goods used to make other products) rather than consumer goods (products sold directly to consumers); a stress on large-scale plant and enterprise; a reliance on technological borrowing, and probably on financial assistance from abroad; importance of the government as the promoter of industrial dev

Some common words found in the essay are:
Alexander Gerschenkron, Models Industrialization, United Britain, Whitman Rostow, Germany United, , Moses Abramovitz, North America, process industrialization, Revolution Britain, 19th century, War II, industrial countries, major industrial countries, leading industrial, industrial revolution, capita income, century rostow's, poor countries, productivity levels, agricultural productivity,

Approximate Word count = 744
Approximate Pages = 3 (250 words per page double spaced)

Category: Politics

join now Save Paper

Related Essays

  • Industrialization 2 During the Industrialization workers in US cities were strongly effected. ... The Industrialization, you could say, also brought our nation together. ... 677 words
  • Industrialization a. Why were the Indians treated so unjustly 12 The American settlersamp39 greed was the basis for the injustice forced upon the Indians. ... 465 words
  • Industrialization of Canada The first phase of industrialization during 1891 and 1911, attracted a steady supply of rural Canadians to the cities. Although ... 1226 words
  • Industrialization: Inventions and Philosophies Industrialization was a major part of American history. It ... demand. This was a common trend during this time of industrialization. ... 1032 words
  • Constrasting Ideals Following Industrialization Contrasting Ideals Following Industrialization The Civil War firmly established industry in the North and growth in the West. The ... 560 words

Professional Essays

  • Effects of Industrialization in Pittsburgh ... The Remaking of Pittsburgh: Class and Culture in an Industrializing City, 18771919, Francis G. Couvares focuses on the effects of industrialization on the ... 2077 words
  • Britain and Industrialization ... Belgiumamp39s industrialization process most closely resembled Britainamp39s, mainly because it had fairly easy access to coal and iron and secondarily because ... 3070 words
  • Urbanization ampamp Industrialization in Russia Russia in the early twentieth century faced great turbulence as it continued its industrialization process and struggled with both revolution and war. ... 1923 words
  • Industrialization ampamp Urbanization in Japan INDUSTRIALIZATION AND URBANIZATION AND ITS EFFECT ON JAPANamp39S INDIVIDUALISM In pre modern society, the family was the most important factor to its members. ... 1868 words
  • INDUSTRIALIZATION IN SAUDI ARABIA INDUSTRIALIZATION IN SAUDI ARABIA The General Economy The Saudi Arabian economy is dominated by oil, which accounts directly for nearly forty percent of gross ... 1946 words
  • The Industrialization and Modernization of Japan The Industrialization and Modernization of Japan Japan as a World Power Player has only been on the international scene since 1853, which was the year that US ... 2320 words


Saved Paper

Save your papers so you can locate them quickly!

Newest Essays

Testimonials

  • "Thank You So Much!!! You have saved me once again!!!"
    Jack M.
  • "With so many papers to chose from, I was able to get ideas to help me with all of my classes. Thank You!"
    Brian P.
  • "I've used this site for the last 3 years to help me come up with ideas for my papers."
    Sara J.
  • "I use this site every week to help me write my own papers!"
    Rachel W.
  • "I love this site!!!"
    Marie N.
Home Join Now Support
Acceptable Use Policy About us FAQ
All papers are for research and reference purposes only!
© 2002-2009 DirectEssays.com. All Rights Reserved.