What is industrialization?

The process by which traditionally nonindustrial sectors (such as agriculture, education, health) of ...

	Tuesday, March 31, 2015 industrialization   Term of the Day industrialization 1. The process by which traditionally nonindustrial sectors (such as agriculture, education, health) of an economy become increasingly similar to the manufacturing sector of the economy. 2. Sustained economic development based on factory production, division of labor, concentration of industries and population in certain geographical areas, and urbanization. Learn more about this term Usage Example The industrialization of the town quadrupled its size in five years and has attracted workers from nearby towns in search of better job opportunities.   Featured Article Quality Assurance vs. Quality Control Quality Assurance and Quality Control are two very closely related concepts and because of that close relationship they are often confused and one is ... Read this article   Voice Your Opinion What do you do when you don't know what to do?   Take us with you! Download the BusinessDictionary app today.
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