in 3 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?

Industrialization is the process of transitioning economies from predominantly agricultural to manufacturing-based. This involves the incorporation of technology and machinery to increase production efficiency. Industrialization is still ongoing worldwide, with emerging economies such as China and India playing a significant role in shifting the global balance of power from the West to the East, as they become major industrial players.