Description
According to the original sector classification of Jean Fourastié, an economy consists of a "Primary sector" of commodity production (farming, livestock breeding, exploitation of mineral resources), a "secondary sector" of manufacturing and processing (as paid work), and a "Tertiary Sector" of service industries. The industrialisation process is historically based on the expansion of the secondary sector in an economy dominated by primary activities.
The first transformation to an industrial economy from an agricultural one is called the Industrial Revolution and took place from the mid 18th to early 19th century in certain areas in Europe and North America; starting in Great Britain, followed by Belgium, Germany, and France. This now is called the first industrial revolution.
The Second Industrial Revolution describes the later changes that came about in the mid-19th century after the invention of steam engine, internal combustion engine, electricity and the construction of canals, railways and electric power lines. The invention of the assembly line gave this phase a boost.
The lack of an industrial sector in a country can be a handicap in improving the country's economy and power, so governments encourage or enforce industrialisation. On the other hand, the presence of industry in a country does not mean in general that it will bring wealth and prosperity to the people of that country. And third, the presence of an industry in one country can make it more difficult for other countries to develop the same type of industry. This can be seen in the computer software, and internet industries. Started from the US around the 1990s these industries seemed to spread over the world. But after a period of monopolisation less than a decade long, the globally-leading companies are concentrated in the US. Their economic power and capacity to dominate the media work against the developing of the same types of industry in other states.
Read more about this topic: Industrialisation
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