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?
The process of industrialization refers to the transformation of an economy from primarily agrarian and rural to one based on manufacturing and industry. This involves the mechanization of production, increased use of technology, and the growth of urban centers. The process of industrialization is still occurring in many parts of the world, with countries like China and India experiencing rapid industrial growth. This ongoing industrialization affects the global balance of power by shifting economic and political influence towards nations with strong industrial capabilities, potentially leading to greater competition and rivalry among countries.
