This is because import substitution denies the country the benefits to be gained
from specialisation and foreign ...
May 27, 2015 ... However, Industrialization has both advantages and disadvantages. We have
discussed them below:
Industrialization offered gains in efficiency that affected almost every facet of life
in society. Industrialization ... What were the benefits of the industrial revolution?
Some of the benefits of the Industrial Revolution included enhanced transport,
more manufactured goods, the establishment of a middle class and better living ...
Industrialization is the process of transformation for a given society from manual
means to a more mechanized option. In terms of getting food,
Jul 15, 2011 ... The Industrial Revolution was a mixed blessing. It had both advantages and
disadvantages. Advantages (i) Centre of economic life shifted from ...
Mar 25, 2014 ... Some Benefits Higher income. Steady jobs. Rapid Urbanization Soaring
population growth. More and cheaper travel. Laws to improve working ...
Industrialization and reform (1870-1916) .... The labourers who toiled in factories,
mills, and mines did not share in the benefits of the economic growth.
Jul 28, 2015 ... Learn about the major drawbacks of industrialization, such as environmental
damage, ... What are some benefits of a mixed economic system?
Industrialization had many positive effects on society in Europe in the 18th and
19th centuries. The creation of power machines and factories provided many new