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What means to change an economy to rely more on manufacturing and less on farming?
Changing an economy to rely more on manufacturing and less on farming is called industrialization. It refers to the process of transforming an economy that is primarily based on agriculture to one that focuses more on the production of goods through factories, industries, and technology.
Key aspects of industrialization include:
Shift from Agriculture to Manufacturing: As the economy grows, more resources are allocated to industrial sectors (such as factories, construction, and technology) rather than farming.
Technological Advancements: The introduction of new machines and processes that increase production efficiency in industries, reducing the reliance on manual labor and increasing output.
Urbanization: People move from rural areas, where agriculture is dominant, to cities where industries and factories are located, leading to the growth of urban areas.
Economic Diversification: The economy diversifies from a focus on crops and livestock to include sectors like manufacturing, construction, and services, which often leads to more stable and higher growth.
Industrialization can lead to increased productivity, higher income, and better living standards, but it can also present challenges like environmental degradation, income inequality, and job displacement in agriculture.
What else can I help you with?
What was the economy in Mesopotamia?
Mesopotamia means; Meso Middle and Pot means Rivers and amia means land so middle river land is the tranlation.... also hippos are hippopotimous and pot in that means river hippo is horse so river horse.... I LIKE CHEESE
What is the meaning of industrial and examples?
The term "industrial" refers to anything related to industry, which encompasses the production of goods and services through manufacturing, processing, or other means. It often involves large-scale operations, machinery, and labor. Examples include the automotive industry, textile manufacturing, and steel production, all of which play significant roles in the economy by converting raw materials into finished products.
Did European settlers farm?
Yes, European settlers engaged in farming as a primary means of sustenance and economic development in the New World. They introduced various agricultural practices and crops, such as wheat, corn, and tobacco, adapted to the local environment. Settlers often cleared land and established plantations, which became integral to the colonial economy, particularly in regions like the Southern colonies. The farming practices of settlers significantly impacted indigenous populations and the landscape.
What are the ancient Greek roots of 'economy'?
Oikos and nemein are the ancient Greek roots of 'economy'. In the word by word translation, the Greek noun 'oikos' means 'house'. The Greek infinitive 'nemein' means 'to manage'.
Chinas economy is known as a what economy?
China's economy is known as a command system, or a socialist economy. This means that the wealth of everyone in China's work force is evenly distributed amongst everyone in the country. This poses a problem for people's incentive to work which is the main flaw in this type of economy
What percent is Mexico's economy manufacturing?
Note you are asking for the specific percentage of manufacturing, and not industry as a whole (which provides 35.8% of the economy). This means you are excluding other industries, such as energy, mining and construction. Manufacturing alone provides 18% of Mexico's economy, or approximately US$372 billion out of US$1,571 billion for 2013.
Did the aryans have a pastoral economy?
Yes. The Aryans had a pastoral economy that they established around 1500 B.C.E. This means that they used not farming, but animals and cattle as their source for food or money.
What country has began a slow change from a command economy to a market economy in the 1990s?
i think its means Rwanda
What has a primarily agrarian economy?
A country or region with a primarily agrarian economy relies heavily on farming and agriculture as the main source of economic activity and livelihood for its people. This typically involves activities such as crop cultivation, livestock farming, and fishing as the primary means of generating income and supporting the population.
What is globalization and how does it affect the American economy?
Its the economy going ever more global. It means American businesses have to work on the global market rather than just the American one.
What was the economy in Mesopotamia?
Mesopotamia means; Meso Middle and Pot means Rivers and amia means land so middle river land is the tranlation.... also hippos are hippopotimous and pot in that means river hippo is horse so river horse.... I LIKE CHEESE
How are the service industry and postindustrial economy related?
Post-industrial means that it passes through, or dodges, a phase of society predominated by a manufacturing based economy and moves on to a structure of society based on the provision of information, innovation, finance, and services.
In a command economy how are decisions made?
In a command economy, the government makes the economic decisions. This means that they control industry (including manufacturing and agriculture), as opposed to being controlled by the markets and the people. The government decides what goods to produce and how to distribute them.
How are economic decisions made in a command economy?
In a command economy, the government makes the economic decisions. This means that they control industry (including manufacturing and agriculture), as opposed to being controlled by the markets and the people. The government decides what goods to produce and how to distribute them.
What does assured farming standards mean?
It means you are assured with the farming standards!
What is manufactred?
Manufacturing means producing or building. The factory was Manufacturing cars.
What is farming in mechquest?
Farming means u are focusing on earning money and exp,
