What is crash industrialization?

Answer 1

Crash industrialization refers to a rapid and often unplanned process of industrial development, typically in a country or region that is transitioning from an agrarian economy to an industrial one. This phenomenon can occur in response to economic crises, wars, or significant political changes, leading to the swift establishment of factories and infrastructure. While it can stimulate economic growth and job creation, crash industrialization often comes with challenges such as environmental degradation, poor labor conditions, and inadequate regulatory frameworks.