In 3 short 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 shift from agrarian societies to manufacturing-based economies, involving the mechanization of production processes. This process typically involves the development of factories and infrastructure to support mass production. Yes, industrialization is still ongoing, particularly in developing countries, and this affects the global balance of power by shifting economic influence and political clout to nations with advanced industrial capabilities.