We have changed our privacy policy. In addition, we use cookies on our website for various purposes. By continuing on our website, you consent to our use of cookies. You can learn about our practices by reading our privacy policy.


Industrialization

We had a big revolution in this regard in the late 19th century. The world went from a farm-centric one to a city-and-manufacturing-centric one. Thank you, railroads.

The process of turning raw materials into machinery that makes finished stuff from really raw materials is...industrialization. Do a lot of that, and you get a complex society and, well, microchips. And pollution. Don't forget about pollution. We're the largest producer in the world.

Woot?

Find other enlightening terms in Shmoop Finance Genius Bar(f)