Pros and Cons on Industrialisation

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Industrialisation is the process of social and economic change that transforms a human group from an agrarian society into an industrial one. It is a part of a wider modernisation process, where social change and economic development are closely related with technological innovation, particularly with the development of large-scale energy and metallurgy production. It is the extensive organisation of an economy for the purpose of manufacturing. Industrialisation also introduces a form of philosophical change where people obtain a different attitude towards their perception of nature, and a sociological process of ubiquitous rationalisation. There is considerable literature on the factors facilitating industrial modernisation and enterprise development. Key positive factors identified by researchers have ranged from favourable political-legal environments for industry and commerce, through abundant natural resources of various kinds, to plentiful supplies of relatively low-cost, skilled and adaptable labour. As industrial workers incomes rise, markets for consumer goods and services of all kinds tend to expand and provide a further stimulus to industrial investment and economic growth. The first country to industrialise was the United Kingdom during the Industrial Revolution commencing in the eighteenth century. By the end of the 20th century, East Asia had become one of the most recently industrialised regions of the world.

The Industrial Revolution was a mixed blessing. It had both advantages and disadvantages. Advantages
(i) Centre of economic life shifted from the villages to cities and towns where the factories were situated. (ii) Urban (cities) and rural (villages) life became dependant upon one another. Isolated life of self-sufficient villages came to an end. (iii) Men became free to develop their capabilities in areas other than farming. (iv) It brought countries and people together. There was an international awareness among people because...
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