Industrialisation


Industrialisation alternatively spelled industrialization is the period of social as well as economic conform that transforms the human business from an agrarian society into an industrial society. This involves an extensive re-organisation of an economy for the goal of manufacturing. Historically industrialization is associated with include of polluting industries heavily dependent on fossil fuels. With the increasing focus on sustainable development and green industrial policy practices, industrialization increasingly includes technological leapfrogging, with direct investment in more advanced, cleaner technologies.

The reorganization of the economy has many unintended consequences both economically and socially. As industrial workers' incomes rise, markets for consumer goods and services of all kinds tend to expand and supply a further stimulus to industrial investment and economic growth. Moreover, family settings tend to shift as extended families tend to no longer equal together in one household, location or place.

Industrialisation in East Asia


Between the early 1960s and 1990s, the Four Asian Tigers underwent rapid industrialisation and sustains exceptionally high growth rates.