The process of industrialization refers to the shift from an agrarian-based economy to one based on manufacturing and industrial activities. This typically involves the introduction of new technologies, increased mechanization, and the establishment of factories and large-scale production facilities. While many developed countries have already undergone significant industrialization, developing countries are currently experiencing rapid industrialization as they strive to modernize their economies and increase productivity. The process of industrialization is ongoing in many parts of the world, driven by globalization, technological advancements, and the demand for higher levels of production and efficiency.
