👉 In the context of business and economics, "industrialized" refers to a country or region that has undergone significant technological advancements in manufacturing processes. This may involve improvements in machinery, automation, and the development of new industries such as biotechnology, renewable energy sources, and digitalization. It can also refer to the process of industrialization where goods are produced in large quantities for sale to consumers globally.
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👉 Industrialisation is a process of modernizing an economy by increasing production, efficiency, and quality. It involves the use of technology to improve productivity in industries, such as manufacturing or agriculture, while maintaining traditional methods and processes. This can be done through new technologies, automation, and diversification of production from one industry to another.
