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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 ...
A factory, a traditional symbol of the industrial development (a cement factory in Kunda, Estonia). 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.
Industrial policy is proactive government-led encouragement and development of specific strategic industries for the growth of all or part of the economy, especially in absence of sufficient private sector investments and participation.
However, all those experiences failed bitterly [citation needed] due to a lack of realism [citation needed]: most countries did not have a pre-industrial bourgeoisie able to carry on a capitalistic development or even a stable and peaceful state. Those aborted experiences left huge debts toward western countries and fuelled public corruption.
The development of machine tools and the system of interchangeable parts was the basis for the rise of the US as the world's leading industrial nation in the late 19th century. Oliver Evans invented an automated flour mill in the mid-1780s that used control mechanisms and conveyors so that no labour was needed from the time grain was loaded ...
The United Nations Industrial Development Organization (UNIDO) (French: Organisation des Nations unies pour le développement industriel; French/Spanish acronym: ONUDI) is a specialized agency of the United Nations that assists countries in economic and industrial development. [1]
Industrial Policy Resolution of 1956 (IPR 1956) is a resolution adopted by the Indian parliament in April 1956. It was the second comprehensive statement on industrial development of India after the Industrial Policy of 1948. [1] The 1956 policy continued to constitute the basic economic policy for a long time.
Industrial district (ID) is a place where workers and firms, specialised in a main industry and auxiliary industries, live and work. The concept was initially used by Alfred Marshall to describe some aspects of the industrial organisation of nations.