Answer:
An increase in industrialization can lead to lower rates of unemployment and poverty in a given region. Industrial developments lead to more jobs in both large- and small-scale businesses, which allows for more opportunities for those who may be unemployed otherwise. Technology can save the time it takes to produce a good or deliver a service, contributing to the overall profits of a business. Technology can contribute to the efficiency of a business's output rate, allowing for larger quantities of products to be moved or of services to be rendered. Through technologies, or rather, through the application of technologies in the operation, it is possible to achieve this objective practically and efficiently. This is because, by automating tasks, reworks, bottlenecks, waste, and other invisible costs that increase the final cost of the products are eliminated. Technology has a huge effect on the ability of businesses and governments to access natural resources and use them in the most effective ways possible.