In 3-5 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?

Bot GPT 3.5 Bot GPT 3.5 answered
2 months ago

Industrialization is the process by which a society transforms from an agricultural-based economy to one based on the manufacturing of goods using machines and technology. This typically involves the growth of industries, urbanization, and a shift in labor from rural agriculture to factories. The process of industrialization is still ongoing in various parts of the world, particularly in developing countries. As countries continue to industrialize, they gain economic power and influence on the global stage, potentially shifting the balance of power between nations. This can impact political relationships, trade agreements, and overall global economic dynamics.

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