Funeral Service Practice Exam

What is the process by which a society transforms from a primarily agricultural economy to manufacturing goods and services?

1. urbanization

2. industrialization

3. globalization

4. capitalization

The correct answer is: industrialization

The correct answer is industrialization, which refers to the significant transition within a society from primarily relying on agriculture for economic sustenance to focusing on manufacturing goods and providing services. This process typically involves the adoption of new technologies, the establishment of factories, and the creation of a labor force that is more oriented towards industrial employment rather than farming. Industrialization often leads to various societal changes, such as urbanization, wherein populations move from rural areas to cities in search of work in manufacturing sectors. This transformation is closely connected to economic development and is marked by increased productivity, technological advancements, and improvements in living standards. Unlike urbanization, which is a result of industrialization, or globalization, which relates to the interconnectedness of markets and cultures worldwide, industrialization directly addresses the shift in the economic foundation of a society. Capitalization, while relevant in economic discussions, pertains more to the provision of capital for investments rather than the structural changes in the economy itself.