industrial economy
An industrial economy is a type of economic system that relies heavily on manufacturing and production of goods. In this system, industries such as textiles, automobiles, and electronics play a crucial role in generating wealth and employment. The focus is on large-scale production, often using machinery and technology to increase efficiency and output.
In an industrial economy, urbanization typically occurs as people move to cities for jobs in factories and industries. This shift can lead to changes in social structures and lifestyles, as communities adapt to new economic opportunities and challenges. Overall, industrial economies are characterized by their emphasis on mass production and technological advancement.