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Industrial societies use external energy sources, such as fossil fuels, to increase the rate and scale of production. [2] The production of food is shifted to large commercial farms where the products of industry, such as combine harvesters and fossil fuel–based fertilizers , are used to decrease required human labor while increasing production.
The effect of industrialisation shown by rising income levels in the 19th century, including gross national product at purchasing power parity per capita between 1750 and 1900 in 1990 U.S. dollars for the First World, including Western Europe, United States, Canada and Japan, and Third World nations of Europe, Southern Asia, Africa, and Latin America [1] The effect of industrialisation is also ...
In the case of South Korea, the largest of the four Asian tigers, a very fast-paced industrialisation took place as it quickly moved away from the manufacturing of value-added goods in the 1950s and 60s into the more advanced steel, shipbuilding and automotive industry in the 1970s and 80s, focusing on the high-tech and service industry in the ...
Severe pollution, dehydration of waterways, widespread deforestation, and some of the highest levels of air pollution in the world are just a few of China's cost of its rapid industrialization and modernization. From 1985 to 2008, the quantities of energy production grew by 203.9%, while the energy consumption increased by 271.7%.
An Energy Descent Action Plan (EDAP) is a local plan for planning and preparing for energy descent. It goes well beyond issues of energy supply, to look at across-the-board creative adaptations in the realms of health, education, economy and much more. Energy Descent Planning is a process developed by the Transition Towns Movement.
Three sectors according to Fourastié Clark's sector model This figure illustrates the percentages of a country's economy made up by different sector. The figure illustrates that countries with higher levels of socio-economic development tend to have less of their economy made up of primary and secondary sectors and more emphasis in tertiary sectors.
Social ownership of the means of production is the defining characteristic of a socialist economy, [2] and can take the form of community ownership, [3] state ownership, common ownership, employee ownership, cooperative ownership, and citizen ownership of equity. [4]
The extent to which a community may have been described as a "Rust Belt city" depends on how great a role industrial manufacturing played in its local economy in the past and how it does now, as well as on perceptions of the economic viability and living standards of the present day.