When an agrarian economy transitions to an industrial economy, it often leads to urbanization as people migrate from rural areas to cities in search of better job opportunities. This shift typically results in increased population density in urban areas, changes in social structures, and a rise in living standards for many, although it can also lead to challenges such as overcrowding and environmental degradation. Additionally, the transition may alter demographic patterns, with a younger workforce emerging in industrial sectors. Overall, this transformation can spur economic growth and innovation but also necessitates adjustments in infrastructure and social services.
In my view, the principal change in the economy since the 1700s has been the shift from a largely agrarian, rural society to a largely urban, industrial/post-industrial society.
Just in advance of WW 1, the Japanese economy was heavily weighted in favor of agriculture and other non-industrial activities. This included farming, forestry and fishing. Japan's industrial base was yet to become a dominate factor in its economy.
rhode island
An agriculture economy is based on farming.
The Olmecs had a TRADITIONAL ECONOMY, where production was localized and primarily agrarian.
China's economy is changing from agrarian to industrial.
It had an agrarian economy.
The southern agrarian economy was dominated by wealthy landowners. An agrarian economy primarily relies on farming. The majority of these economies went away during the industrial revolution.
next economy following the agrarian economy, the industrial economy, and the most recent service economy.
China is still in a state of transition from a mostly poor, agrarian economy to a modern industrial economy.
In my view, the principal change in the economy since the 1700s has been the shift from a largely agrarian, rural society to a largely urban, industrial/post-industrial society.
The economy of agrarian societies was based on agriculture.
Then the industrial revolution would not have happened and we would all still be living in an agrarian economy.
Agrarian society relies on agriculture as the primary means of sustenance and economic activity, while industrial society is centered around manufacturing and industrial production. Agrarian societies tend to be more rural and have a more decentralized economic structure, whereas industrial societies are often characterized by urbanization and a more centralized economy. Industrial societies also tend to have more advanced technology and division of labor compared to agrarian societies.
In the north there is a lot of industry which account's for a lot of things, but in the south there is mostly agriculture.
Just in advance of WW 1, the Japanese economy was heavily weighted in favor of agriculture and other non-industrial activities. This included farming, forestry and fishing. Japan's industrial base was yet to become a dominate factor in its economy.
An "agrarian" economy.