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DEFINITION of 'Industrialization'. The process in which a society or country (or world) transforms itself from a primarily agricultural society into one based on the manufacturing of goods and services.
August 11,1956. Social Effects of Industrialization. IN discussions of economic growth. perhaps most attention is paid. to measurable quantities, and the. problem, quite rightly, is treated as. one of creating more of the material. means of satisfying human wants.