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date: 20 October 2021

Abstract and Keywords

Industrialization refers to an economic transformation that is recent and different in scale and scope from the mere making of artifacts and has involved the rapid rise in the significance of manufacturing in relation to all other forms of production and work undertaken within national economies. This article discusses the many facets of industrialization: industrialization as a historical process; the present tendencies and future trends in global diffusion; inter-sectoral connections; international relations and the global context; and industrialization on a global scale over the very long run. In the twenty-first century success seems to require new and different political and social capabilities that are already shifting the concentrations of industrial activity away from Europe and North America and back to Asia.

Keywords: industry, economy, inter-sectoral connections, industrialization, globalization, Asia

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