USA HISTORY

Detailed explanation-1: -Industrialization is the process of transforming the economy of a nation or region from a focus on agriculture to a reliance on manufacturing. Mechanized methods of mass production are an essential component of this transition.

Detailed explanation-2: -Industrialisation (alternatively spelled industrialization) is the period of social and economic change that transforms a human group from an agrarian society into an industrial society.

Detailed explanation-3: -The Industrial Revolution transformed economies that had been based on agriculture and handicrafts into economies based on large-scale industry, mechanized manufacturing, and the factory system. New machines, new power sources, and new ways of organizing work made existing industries more productive and efficient.

Detailed explanation-4: -The four phases of an industry life cycle are the introduction, growth, maturity, and decline stages. Industries are born when new products are developed, with significant uncertainty regarding market size, product specifications, and main competitors.

Detailed explanation-5: -The process by which an economy is transformed from agriculture to manufacturing of goods is called industrialisation. Industrialisation leads to urbanisation.