In 1–2 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?
The process of industrialization involves the shift from an agrarian-based economy to one that relies on mechanized manufacturing and production. While industrialization has already occurred in many countries, it is still ongoing in some developing nations, and as such, it continues to impact the global balance of power as new industrialized economies emerge and compete with established industrial powers.
