Industrialisation is the process of social and economic change whereby a human group is transformed from a pre-industrial society into an industrial one. It is a part of a wider modernisation process, where social change and economic development are closely related with technological innovation, particularly with the development of large-scale energy and metallurgy production.

It is the extensive organisation of an economy for the purpose of manufacturing.[1] Industrialisation also introduces a form of philosophical Philosophy is the study of general and fundamental problems concerning matters such as existence, knowledge, values, reason, mind, and language. Philosophy is distinguished from other ways of addressing these questions by its critical, generally systematic approach and its reliance on reasoned argument. Philosophy comes from the Greek Ï†Î¹Î»Î¿ÏƒÎ¿Ï change where people obtain a different attitude towards their perception of nature Nature, in the broadest sense, is equivalent to the natural world, physical world, or material world. "Nature" refers to the phenomena of the physical world, and also to life in general. It ranges in scale from the subatomic to the cosmic, and a sociological Sociology is the study of human societies. It is a branch of social science that uses various methods of empirical investigation and critical analysis to develop and refine a body of knowledge about human social structure and activity, often with the goal of applying such knowledge to the pursuit of social welfare. Its subject matter ranges from process of ubiquitous rationalization In sociology, rationalization is the process whereby an increasing number of social actions and interactions become based on considerations of efficiency or calculation rather than on motivations derived from custom, tradition, or emotion. It is conceived of as a core part of modernization and as manifested especially in behavior in the capitalist.

There is considerable literature on the factors facilitating industrial modernisation and enterprise development.[2] Key positive factors identified by researchers have ranged from favourable political-legal environments for industry and commerce, through abundant natural resources Natural resources occur naturally within environments that exist relatively undisturbed by mankind, in a natural form. A natural resource is often characterized by amounts of biodiversity existent in various ecosystems of various kinds, to plentiful supplies of relatively low-cost, skilled and adaptable labour Wage labour is the socioeconomic relationship between a worker and an employer in which the worker sells their labour under a contract , and the employer buys it, often in a labour market.[Need quotation on talk to verify]It is the effort that people devote to a task for which they are paid The products of labour become the employer's property. A.

One survey[citation needed] of countries in Africa Africa is the world's second-largest and second most-populous continent, after Asia. At about 30.2 million km² including adjacent islands, it covers 6% of the Earth's total surface area and 20.4% of the total land area. With a billion people (as of 2009, see table) in 61 territories, it accounts for about 14.8% of the World's human population, Asia Asia is the world's largest and most populous continent. It covers 8.6% of the earth's total surface area and, with approximately 4 billion people, it hosts 60% of the world's current human population. It is located in the eastern and northern hemispheres, the Middle East The Middle East is a region that spans southwestern Asia, southeastern Europe, and northeastern Africa. It has no clear boundaries, often used as a synonym to Near East, in opposition to Far East. The corresponding adjective to the Middle East is Middle-Eastern and the derived noun is Middle-Easterner, and Latin America Latin America is a region of the Americas where Romance languages (i.e., those derived from Latin) – particularly Spanish, Portuguese, and variably French – are primarily spoken. Latin America has an area of approximately 21,069,501 km² (7,880,000 sq mi), almost 3.9% of the Earth's surface or 14.1% of its land surface area. As of 2008, its and the Caribbean The Caribbean is a region consisting of the Caribbean Sea, its islands , and the surrounding coasts. The region is located southeast of the Gulf of Mexico and Northern America, east of Central America, and to the north of South America in the late 20th century found that high levels of structural differentiation, functional specialisation, and autonomy of economic systems from government were likely to contribute greatly to industrial-commercial growth and prosperity. Amongst other things, relatively open trading systems with zero or low duties on goods imports International trade is exchange of capital, goods, and services across international borders or territories. In most countries, it represents a significant share of gross domestic product . While international trade has been present throughout much of history (see Silk Road, Amber Road), its economic, social, and political importance has been on tended to stimulate industrial cost-efficiency and innovation The term innovation refers to a new way of doing something. It may refer to incremental and emergent or radical and revolutionary changes in thinking, products, processes, or organizations. Following Schumpeter , contributors to the scholarly literature on innovation typically distinguish between invention, an idea made manifest, and innovation, across the board. Free and flexible labour and other markets In mainstream economics, the concept of a market is any structure that allows buyers and sellers to exchange any type of goods, services and information. The exchange of goods or services for money is a transaction. Market participants consist of all the buyers and sellers of a good who influence its price. This influence is a major study of also helped raise general business-economic performance levels, as did rapid popular learning capabilities.

Positive work ethics in populations at large combined with skills in quickly utilising new technologies and scientific discoveries were likely to boost production and income levels – and as the latter rose, markets for consumer goods and services of all kinds tended to expand and provide a further stimulus to industrial investment Investment or investing is a term with several closely-related meanings in business management, finance and economics, related to saving or deferring consumption. Investing is the active redirection of resources: from being consumed today, to creating benefits in the future; the use of assets to earn income or profit. An investment is a choice by and economic growth Economic growth is an increase in activity in an economy. It is often measured as the rate of change of gross domestic product . Economic growth refers only to the quantity of goods and services produced; it says nothing about the way in which they are produced. Economic development, a related term, refers to change in the way goods and services. By the end of the century, East Asia East Asia or Eastern Asia is a subregion of Asia that can be defined in either geographical or cultural terms. Geographically and geo-politically, it covers about 12,000,000 km2 (4,600,000 sq mi), or about 28 percent of the Asian continent, about 15 percent bigger than the area of Europe, though some categorize Tibet, Xinjiang, and Mongolia as was one of the most economically successful regions of the world – with free market A free market describes a market without economic intervention and regulation by government except to regulate against force or fraud. The terminology is used by economists and in popular culture. A free market requires protection of property rights, but no regulation, no subsidization, no single monetary system, and no governmental monopolies. It countries such as Hong Kong Hong Kong , officially the Hong Kong Special Administrative Region, is a territory of the People's Republic of China, facing Guangdong to the north and the South China Sea to the east, west and south. Hong Kong is a global metropolis and international financial centre with a highly developed capitalist economy. Under the "one country, two being widely seen as models for other, less developed countries around the world to emulate.[3] The first known country to industrialize was Great Britain Great Britain is an island lying to the northwest of Continental Europe. It is the ninth largest island in the world, and the largest European island. With a population of about 59.6 million people, it is the third most populated island on Earth. Great Britain is surrounded by over 1000 smaller islands and islets. The island of Ireland lies to its

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