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economic development essay 150 words
economic development general essay
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The quest for development started from ancient civilization. History shows that human being always tried to enhance their lifestyle in comparison with the existing environment. In different civilization with the help of science and technology human being achieved their expected goal. Starting from the ancient civilisation society was divided in main four divisions on the basis of the individuals work. There was scholar, ruler, trader and worker and every civilisation has been developed with the help of these four classes. Tread was mainly based on agricultural product. Human being’s desire to modernize their life leads them to invent machine, and with the invention of machine the quest for Industrialization started. Industrialization, the word represents the zeal of development for society on a large spectrum. This quest of development affects every single person in the society not only economically but also socially some time positively some time negatively. The first industrial production started in 1104 in Italy in a factory named The Venetian Arsenal (Tassave, 2003). Since then the western world started their race for industrial development.
British colonialism brought this quest of modern industrial development to India in early 19th century. India being the second largest populated country in the world; industrial revelation was must for her. The business class of India identifies this requirement first and acted as the change was needed. With the help of western machinery they stated the industrialization with home grown agricultural product. Jute, Cotton, Metal (especially steel), and Tea were the first few product that came out in the initial phase of this development process. Along with the independence, India started ...
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...d on the development and organization’s perception towards the local community has been discussed.
This paper has been segregated in few chapters. The available literature on this Industrialization, land reform, environmental issue on industrial development and different CSR theories have been reviewed in Literature Review chapter. A detail discussion has been made to understand and design the correct methodology for finding the facts about the incidents in the next chapter named as Research Methodology. By making a comparative argument from the acquired data this paper will analyze the impact of land and its acquisition process on Indian Industrialization. The response of the local community and the response of the business houses are also measured and analyzed in this chapter. In the final part the recommendation and conclusion will be discussed upon findings.
Industrialization is the process in which an economy is changed from an agricultural economy to a manufacturing approach and manual labor is replaced by machines in factories. Industrialization brought a more diverse amount of goods and more total goods and improved living for many but, for others it resulted in harsh working and living conditions for the poor and working class. Many positives and negative were present during the industrialization of the U.S. Positives such as more goods being distributed, easier way of doing things, and being able to mass produce. Negatives like children working long and difficult jobs and many workers having poor working conditions.
Starting in the mid 1700s and continuing to the late 1850s, arguably still ongoing today, industrialization is centered on the development of machinery and urbanization. This new era found its roots in Great Britain, and later in the entirety of Western Europe once the French Revolution and the Congress of Vienna were resolved. Development was essential in Great Britain simply because it was not connected to continental Europe and Britain had the resources, like coal, to fuel the industrial revolution. Once the idea of industrialization was sparked, it burned like wildfire and spread to the rest of Europe. Results of industrialization were exceptional and robust; calling for others to join. Industrialization was a time for growth, both economically and politically, wide
The period during which there was an increased output of machine-made goods, also known as the Industrial Revolution, played a critical role in reshaping Britain’s economy. The Industrial Revolution, stimulated by advancements that were made during the Agricultural Revolution, began in Great Britain for many reasons. In addition to Britain’s broad availability of natural resources, the count...
Industrialization was a period of social and economic changes that transforms humans from rural lifestyle to
During the mid 18th century through the 19th century England started the Industrial Revolution. At the end of the industrial revolution there were more advantages than disadvantages, because the industrial revolution had to had cynical altercation in order for an increase in positive results. For example, the way goods were now manufacture. The goods were no longer produced in the household but in factories. England’s society had grown from agricultural to an industry dependent on manufacturing. Since the replacement of manual labor to manufacturing,the transformation of productivity and technical efficiency grew.For example, discipline managers would whip their workers if a task was not complete in the right format. The industrial revolution made people migrate from rural areas into urban communities in search of work which led to the expansion of cities.
The Industrial Revolution began in the 18th century, opening doors of unlimited production possibilities. The inventors of this time created a new look on life and the eager society of the century never looked back. Industrialization is an on-going process that is central to understanding humans. With inventions from such dedicated people as James Watt, Benjamin Franklin, and Eli White, the Industrial Revolution was made possible.
The roots of industrialization began in western Europe in the 18th century and spread to North America in the 19th century in which rural, agricultural societies shifted to a more industrial and urban society. The benefits of industrialization involve: an increase in accessibility and quantity of products with the help of advanced technological innovations, decrease in prices of products due to mass production of goods, an increase in the quality of living, efficient forms of transportation, rise in job opportunities and employment rates leading to a rise in economic growth, and an upsurge in world trade. However, the negative effects resulting from industrialization create detrimental issues that impact the whole globe. Industrial factories and automotives generate air, water, and land pollution that gradually affects the environment over time,
The industrial revolution impacted daily life, politics, and gender relations. During the industrial revolution, humanity had turned to machines for production instead of people because they where able to produce things more quickly and efficiently. The three main concentration areas in the industrial revolution were transportation, industry, and market. During the nineteenth century, the United States were the industrializing nation because of the outcome of the War of 1812. Therefore, America needed to improve its infrastructure. The industrializing nations were India, China, and Brazil. They were going through it while the lowest life expectancy nation, central Africa, was non-industrialized. England started industrializing around the 1780s that spread to France, German, U.S, and Canada. Their first invention was the steam powered ships, engines, and railroads. Later in the 1860s, the internal combustible engines were introduced. The Market R...
Industrialization can be viewed on the basis of various aspects such as the society, economy, politics and technology.
Firstly, industrialisation has expanded the employment opportunities in India. People living in rural areas have moved to cities in search of better employment.
The Industrial Revolution during 1760 to 1820 in Great Britain was a burgeoning period. The revolution brought massive benefits and changes on socioeconomic and cultural conditions. Firstly, it pushed the development of socioeconomic, and also released a great amount of working opportunity. At second his extraordinary change made the communication and transportation more efficient. Lastly, this revolution it made the production of agriculture boost, and fewer workers were needed in farm work. The Great Britain Industrial Revolution assisted the growth of agriculture, communication, transportation and socioeconomic.
By the 1750ís the Industrial Revolution had begun. The Industrial Revolution was directly related to the rise of the factory system.(1) The incentive to invest in factories came from the fact that they were extremely efficient, so there was a great potential for increased profit. Men, women, and children were employed to keep the machines running and the factory system was established to provide the greatest efficiency of material and labor, at the lest expensive cost.(2) Factories provided the oppo...
By the 1750's, the industrial Revolution had begun. At first, inventions were strictly limited to cotton weaving. Inventions such as the spinning jenny and the water-powered frame, both of which provided spinning yarn faster, the spinning mule, the power loom and the cotton gin, all helped the manufacture of cotton goods by speeding up the process. Mass production had begun, along with capitalism. Capitalist, people who have their own materials, money and space, bought many machines and stored them in a factory, where hired people worked the whole day manufacturing goods. The factory system had replaced the cottage industry. Mass production made usually expensive items, such as shoes, less expensive and easily affordable by lower class and less wealthy people.
The industrial revolution of 17th and 18th centuries saw the transformation of Britain from a Neolithic nation into an industrious nation. However, this spread quickly throughout the world, introducing the modernisation of agriculture, revolution in power and manufacturing of textile.
The development of the industrialisation is outcome of the advancement of agriculture. Agriculture has played very important role in the development of human civilisation. Nearly 90 percent of the population lived in rural area during the 18th century. These rural families produced most of the food, clothing and other useful commodities. Talking about the advancement of agriculture, no other name comes to mind except of England. It is to be noted that farmers in England were among the most productive farmers of the world. The new methods of farming brought mass production in early 18th century leading to the Agricultural revolution. “In the early eighteenth century, Britain exported wheat, rising from 49,000 quarters in 1700 to a massive peak of 950,000 quarters in 1750” .The whole benefit of the Agricultural revolution was shared among aristocratic landholders. They were the only top authorities, as English throne was already overthrown by aristocratic class in 1688 during the Glorious Revolution. Landholders started enclosure movement to end the traditional rights of land and to gain full control over the benefits from agricult...