The concept that concerns us is used especially to refer to the development that prevails in the industrial sector and at the behest of the economic activity of a given area.
Industrial development that observes a certain area
Is named industrialization to the process from which a State or Social Community goes from boasting an economy based on agriculture to one that is based on industrial development. That is, in an industrialized economy, industries will be the main supporter of the Gross Domestic Product (GDP) and in terms of employment, it is the sector in which most of the population is employed, because such is the development achieved by the different industries that the demand for specialized labor in the aforementioned segment is the one that finally predominates.
What is the industry? And characteristics
Industry is the set of operations that are carried out to achieve, transform and transport natural-type products, by case, and for this technical procedures are used; and likewise the concept is used to name the establishment in which the aforementioned actions are carried out.
Advanced technology and large-scale production capacity are the two salient and distinguishing characteristics of the industry.
The economic field has three sectors, agriculture, and livestock correspond to the first sector, industry to the second, and the third is the one dedicated to services.
There is a huge variety of industrial sectors at the request of the industrial sector of the countries, the most common being: metallurgy, pharmaceuticals, construction, textiles, steel, automotive, among others.
The start-up of the industry
Industrialization will imply the setting in motion and action of any industry, belonging to any of the types just mentioned.
Meanwhile, to achieve this, it is necessary to have a strategy, which implies researching and having technical development in order to make it effective.
On the other hand, the availability of raw materials, in large volume, is vital in order to develop a large industry. In this sense, it will be necessary to have a significant initial investment that allows buying or accessing the aforementioned raw materials and also the indispensable machinery to work with them, which is the only way to transform them into products, such is the industry's metier. .
And the third leg of industrialization is financing, because of course, an industry will need money to buy raw materials and machinery and many times this is provided by an investor or by a loan from a financial institution.
Also, to reach a successful conclusion it will be very important to have a finished and accurate knowledge of the market in which it is entering, that is, having accurate information about it will allow us to make correct decisions and achieve good results.
On the other hand, an industrialization scenario proposes a free trade economy, in which by eliminating the sector of the peasantry engaged in agricultural tasks, it will be forced to seek other directions, especially migrating to the cities where factories have been installed.
The first big step toward industrialization came at the behest of the Industrial Revolution, as the period between the second half of the 18th century and the beginning of the 19th century was called, in which manual, artisan work was replaced by industry and manufacturing. In the aforementioned factories and thanks to the benefits of technology, the use of machines was incorporated that allowed to produce the same but in large quantities.
In some way, industrialization ended up enriching countries, since it was possible to sell their products at more expensive prices instead of selling raw materials without processing.
Today, the industry is one of the main economic activities in the world, which consists of transforming the raw material into a finished product. Although artisan work has not been completely dismissed, it is a concrete fact that industrial activity has overshadowed it, especially due to the lower cost it proposes and because it allows, in a very short time, to produce a product in large quantities. Although yes, the appreciation for artisanal, for what is done with one's own hands, is still very high, a situation that unfortunately is also transmitted to the value of some artisan products.
Application of industrial methods in a specific sector
Also, the term industrialization is used to account for the application of industrial methods or processes in a specific sector or field.
“ Industrialization has caught up with dairy production", for instance.
