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What is three factors of production necessary for industrialization?

land labor& capital


What are the factors favoring industrialization?

what are the factors favuoring industrialization


Is industrialization is a necessary evil?

yes industrialization is a necessary evil as we need industrialization to improve our economic growth but it is also degrading our environment as well as mankind.


What were the factors of production for the industrialization?

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What are factors affecting economic and non economic industrialization?

A wide variety of factors affect economic and non economic industrialization. The culture of the people, the social climate, and the political motives of the nation all affect industrialization.


What were at least four of the factors that contributed to industrialization in Britain?

There were several factors that led to the industrialization of Britain. The major factors were the rise in population, the availability of iron ore, water power, coal surplus and transportation on the rivers.


Which condition is most necessary to the process of industrialization in a society?

availability of investment capital


What are the five factors of industrialization?

Land, labor, capital, connections and technology


What factors did Germany possess that made industrialization possible there?

The workforce in Germany is what made the industrialization in Germany possible. Another factor was the railroad system that was in Germany.


What factors led the industrialization of other nations after Britain?

The opening of new markets and availability of labor created the demand for inventions that sparked industrialization in Europe.


What must a country have in order to experience industrialization?

Industrialization needs many factors. It requires raw material to be used in industry. It also needs man power.


Is industrialization a necessary evil?

Industrialization is not inherently an evil, but it can have negative consequences if not managed properly. It has led to advancements in technology, increased productivity, and improved standards of living for many people. However, it has also contributed to environmental degradation, exploitation of workers, and income inequality. Balancing the benefits with the drawbacks is crucial in ensuring sustainable development.