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Question- What is the process for industrialization? (four steps)

User Nehru
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Answer:

Step-by-step explanation:

the four steps are Installation period Phase 1: Irruption: A new promising technology sees explosive growth as venture capitalists, seeking high profits, invest in new activities and firms. ...

Turning Point Many early expectations will be disappointed, leading to collapse of bubbles created by financial speculation in the industrial revolution stages. ...

Deployment period

User Abhilash Ranjan
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Answer:

The process of industrialization typically involves the following four steps:

1. Mechanization: This involves the introduction of machines and tools to carry out production processes, replacing manual labor with technology.

2. Mass production: This involves the efficient production of goods on a large scale, typically using assembly lines and specialized machinery.

3. Standardization: This involves the development of consistent and uniform product specifications and manufacturing processes to ensure quality and reliability.

4. Specialization: This involves the division of labor into specialized tasks, with workers focusing on specific aspects of the production process, leading to increased efficiency and productivity.

User Thisisnotabus
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