Rapid industrial growth refers to the significant increase in manufacturing and production, often driven by technological advancements and the development of factories. It led to a transformation in economic systems, as societies shifted from agrarian-based economies to industrialized ones.
Related terms
Urbanization: Urbanization refers to the process of population migration from rural areas to cities due to industrialization.
Mass production: Mass production involves the large-scale manufacturing of goods using standardized methods, which leads to increased efficiency and lower costs.
Mechanization: Mechanization is the introduction of machinery or automated technology into various industries, replacing manual labor with machines for increased productivity.