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8 May, 12:44

What is the process of an economy's increasing industrialization, standard of living, and economic wealth.

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Answers (2)
  1. 8 May, 13:03
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    Industrial Revolution

    is the process of the expansion of an economy combined with skills in quickly utilizing new technologies and scientific discoveries that boost production and income levels.
  2. 8 May, 15:59
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    Development is the process of an economy increasing industrialization, the standard of living, and economic wealth.

    Economic development is that the method by that a nation improves the economic, political, and social well-being of its folks. Economic development typically refers to the adoption of latest technologies, the transition from agriculture-based to the industry-based economy, and general improvement in living standards.
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