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Prior to the Industrial Revolution in Europe and North America, followed by further industrialization throughout the world in the 20th century, most economies were largely agrarian. Basics were often made within the household and most other manufacturing was carried out in smaller workshops by artisans with limited specialization or machinery.
Industrialisation or industrialization is the period of social and economic change that transforms a human group from an agrarian society into an industrial society. This involves an extensive reorganisation of an economy for the purpose of manufacturing . [ 3 ]
NICs are countries whose economies have not yet reached a developed country's status but have, in a macroeconomic sense, outpaced their developing counterparts. Such countries are still considered developing nations and only differ from other developing nations in the rate at which an NIC's growth is much higher over a shorter allotted time period compared to other developing nations. [3]
Industrial civilization refers to the broader state of civilization, which spans multiple societies; industrial society just to specific segments (within the civilization) dependent on manufacturing jobs, whilst industrial civilisation as a whole involves many regions interdependent (via international trade) specialized in different ways, including information society and service economy.
Post-industrialism as a concept is highly Western-centric. Theoretically and effectively, it is only possible in the Global West, which its proponents assume to be solely capable of fully realizing industrialization and then post-industrialization.
This is an accepted version of this page This is the latest accepted revision, reviewed on 2 January 2025. Country with a developed economy and infrastructure "Industrial nation" redirects here. For the magazine, see Industrialnation. Not to be confused with Developing country. For the investing classification, see Developed market. Developed countries (IMF) Developing countries (IMF) Least ...
This is a list of countries by industrial production growth rate mostly based on The World Factbook, [1] as of September 2024. A colour-coded map showing countries or territories by industrial production growth rate in 2017 in percentages, based on data from The World Factbook. Countries or territories without data or with data from earlier ...
World Development Indicators have improved relative to the year 1990. 75% of poverty reduction shown happened in China. [1]International development or global development is a broad concept denoting the idea that societies and countries have differing levels of economic or human development on an international scale.