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Industrialization in economics condition marked by an increase in the importance of industry to an economy The process of industrialization describes the transition from an agricultural society to one based on industry During the process of industrialization per capita income level of income per person rises and productivity levels increase Modern industrialization is often dated as having its origins in the Industrial Revolution which began in Great Britain in the 18th century and spread to other parts of Europe and North America in the early 19th century Industrialization had occurred by the end of the 19th century in some southern European countries and in Japan and during the 20th century particularly after World War II 1939-1945 in eastern Asia Today Japan the United States and Great Britain are among the worlds major industrialized countries The process of industrialization usually includes a movement from rural to urban living and a shift from home to factory production Increased mechanization in agriculture generally leads to increased agricultural productivity and enough food for large urban populations Agricultural productivity growth is necessary for modern industrial growth to become self-sustaining Other conditions are also necessary for industrialization to occur and the next section describes three differing theories on this process that were developed during the 20th century Rostows Theory American economist Walt Whitman Rostow argued that for countries to industrialize successfully they need to meet certain prerequisites such as a highly productive agricultural sector functioning markets and a stable government Once these preconditions are met industrialization could enter the take-off phasea brief period of 20 to 30 years in which the process of industrialization is completed In Rostows framework the industrialized countries of today all went through similar stages of development According to his theory Great Britain was the first country to manifest a take-off into industrialization between 1780 to 1800 followed by France Germany and the United States in the 19th century Although Rostows explanation of the stages of
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