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Yes, industrialization is crucial for a country's economic growth as it enhances productivity, creates jobs, and fosters technological advancements. By transitioning from an agrarian economy to an industrial one, countries can increase their output and efficiency, leading to higher income levels. Additionally, industrialization can stimulate trade and attract foreign investment, further boosting economic development. Overall, it lays the foundation for sustainable growth and improved living standards.
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How did industrialization and economic growth help to ignite the full scale revolution?
Hi annabelle :)
How did the Industrialization economic growth help to ignite the full-scale revolution?
Hi annabelle :)
Why is productivity important to economic growth?
because the better the productivity the better the nations economic growth.
Why is economic activity important?
because it stimulates growth
The most important driver for economic growth appears to be?
The most important driver for economic growth is infrastructure. If a country has a sound infrastructure then businesses will come and increase the economy.
Industrialization and economic growth?
they are Jewish
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.
How did industrialization and economic growth help to ignite the full-scale revolution?
Hi annabelle :)
How did industrialization and economic growth help to ignite the full scale revolution?
Hi annabelle :)
How the industrialization and economic growth help to ignite the full-scale revolution?
Hi annabelle :)
How did the Industrialization economic growth help to ignite the full-scale revolution?
Hi annabelle :)
In both the US and Japan major effects of industrialization?
Increased urbanization and rapid economic growth.
What are solutions for industrialization?
Absorption of the many unemployed college graduates are the solutions for industrialization. True economic growth rate is another solution.
How did the industrialization and economic growth ignite the full-scale revolution?
Child labor and bad working conditions.
In both the US and Japan major effects of industrialization included?
Increased urbanization and rapid economic growth.
Why was industrialization important Canada?
Industrialization was important for Canada as it transformed the economy from primarily agrarian to one focused on manufacturing and services, fostering urban growth and job creation. It facilitated the development of infrastructure, such as railways, which connected regions and promoted trade. Additionally, industrialization encouraged immigration and population growth, contributing to Canada’s emergence as a key player in the global economy. Overall, it laid the foundation for modern Canadian society and its economic diversification.
Why is productivity important to economic growth?
because the better the productivity the better the nations economic growth.
