In 3–5 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?(4 points)

Industrialization is the process of transforming an economy from primarily agricultural to one that relies on manufacturing and industrial production. This usually involves the growth of urban centers, the development of infrastructure, and the increasing use of machinery and technology. The process of industrialization is still ongoing in many parts of the world, particularly in developing countries. This continued industrialization affects the global balance of power by shifting economic and political influence to countries with strong industrial sectors, potentially altering global trade relationships and power dynamics.