Industrialization and Economic Growth Quiz

Manual labor was the backbone of early industrial processes before the advent of automation.

The UK is commonly recognized as where the Industrial Revolution began due to its early advancements in mechanized manufacturing.

The secondary sector, involving manufacturing and industry, typically sees the most significant growth during industrialization.

Rapid industrialization often leads to environmental degradation through pollution, resource depletion, and habitat destruction.

Industrialization is the transformation of societies from predominantly agrarian economies to industrial ones.

The textile industry was one of the first to undergo significant industrialization, with inventions like the spinning jenny and power loom revolutionizing textile production.

Industrialization typically boosts demand for goods and services as production increases and consumer purchasing power rises.

Deindustrialization refers to the decline in the relative importance of industrial sectors within an economy.

Smokestack industries are characterized by high levels of pollution from their manufacturing processes.

The percentage of the workforce engaged in manufacturing activities is a key indicator of industrialization.

While political stability can facilitate economic growth, it was not a primary factor contributing to the onset of the Industrial Revolution, which was primarily driven by technological innovation and economic factors.

Capital accumulation involves reinvesting profits back into a business to expand operations, invest in new technologies, or increase production capacity.

Modernization theory posits that industrialization drives economic advancement and societal progress.

The steam engine powered locomotives, ships, and factories, drastically increasing the speed and scale of transportation and manufacturing processes.

Industrialization typically spurs technological progress rather than stagnation, as it fosters innovation and the development of new technologies.