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Ch 15: Industrialization & Economic Development

About This Chapter

Access these lessons to learn more about industrialization and economic development. You can focus on learning more about the pros and cons of these societal changes.

Industrialization & Economic Development - Chapter Summary and Learning Objectives

This chapter provides you with information regarding industrialization and economic development. You can use our engaging lessons to study how these changes have affected the modern economy. Our self-assessment quizzes make it easy for you to measure your understanding of these facets of trade. We've set this chapter up to help you learn about:

  • The origin and impact of industrialization
  • Tools developed by Alfred Weber and Walt Rostow
  • The global and modern economy
  • Measures of development and gender inequality
  • The human development index and UN millennium development goals
  • Changes in international trade
  • Restructuring, deindustrialization, sustainable development and ecotourism

Lesson Objective
Industrialization: Origin, Diffusion & Impacts Assess the causes and effects of the Industrial Revolution.
Alfred Weber's Model of Industrial Location Evaluate how Weber's model can be used to explain industrial location.
The Global Economy: Advantages, Expansion & Impact Focus on studying the positive and negative effects of economic globalization.
The Modern Economy: Primary, Secondary & Tertiary Sectors Analyze the three sectors of the modern economy.
Social & Economic Measures of Development Learn how to measure several social and economic measures of development.
Economic Measures of Gender Inequality Select this lesson to find out more about the economic measure related to gender inequality.
What Is the Human Development Index? - Definition & Explanation Evaluate the UN's human development index and explore its major components.
Walt Rostow's Stages of Growth in Economies Assess the five stages of growth proposed by Walt Rostow.
UN Millennium Development Goals: Definition & Function Focus on leaning how the UN's millennial development goals intended to measure developmental progress.
Economic Development & Gender Equity in the Workforce Analyze the role of women in economic development. Find out more about the lack of gender equity in the workforce.
How International Trade Changed in the Age of Exploration Measure the ways that trade changed throughout the Age of Exploration.
International Trade in the 1990s and Beyond Analyze changes to international trade since the 1990s.
The Effects of Restructuring & Deindustrialization Dissect the major changes that restructuring and deindustrialization have had on the global economy.
Sustainable Development: Definition, Obstacles & Impact Focus on strengthening your understanding of sustainable development and the obstacles it faces.
Ecotourism: Definition & Benefits Assess the possible benefits related to ecotourism.

12 Lessons in Chapter 15: Industrialization & Economic Development
Test your knowledge with a 30-question chapter practice test
Industrialization: Origin, Diffusion & Impacts

1. Industrialization: Origin, Diffusion & Impacts

Industrialization transformed the world. In this lesson, examine the origins of industrialization and the Industrial Revolution. Learn about the diffusion of industrial progress over Europe and the United States and explore some of the consequences.

Alfred Weber's Model of Industrial Location

2. Alfred Weber's Model of Industrial Location

This lesson reviews Weber's model of industrial location. This model discusses the location triangle, which includes costs of moving raw material and costs of moving goods to the market. Cost and agglomerative factors are detailed.

The Modern Economy: Primary, Secondary & Tertiary Sectors

3. The Modern Economy: Primary, Secondary & Tertiary Sectors

The modern economy can be divided into three sectors that reflect the economic development of that society. This lesson will discuss and explore the interaction between the primary, secondary and tertiary sectors of the modern economy.

Social & Economic Measures of Development

4. Social & Economic Measures of Development

Access to education, health care, and clean drinking water are all measures of what we call development. In this lesson, we'll talk about a number of social and economic indicators, such as infant mortality rate, to assess the level of development in a given place.

Gross Domestic Product: Definition and Components

5. Gross Domestic Product: Definition and Components

Learn how economists measure the total production of an economy using gross domestic product (GDP). This lesson also outlines the components that make up a GDP. How do we calculate the economic value of a nation?

GNP: Definition & Formula

6. GNP: Definition & Formula

This lesson explores the economic concept known as gross national product, or GNP. We'll discuss the formula for calculating GNP as well as the differences between GNP and the better-known GDP.

Economic Measures of Gender Inequality

7. Economic Measures of Gender Inequality

In this lesson, we'll discuss prominent measures of global gender inequality that relate to reproductive health, empowerment, and labor market participation.

What Is the Human Development Index? - Definition & Explanation

8. What Is the Human Development Index? - Definition & Explanation

Want to know where your country ranks in development? In this lesson, you'll learn about the United Nations' Human Development Index and some of its key components. A short quiz follows.

What is Economic Development? - Definition & Examples

9. What is Economic Development? - Definition & Examples

Learn what economic development is and why you may play a part in it every time you purchase something at the store. Find out who sponsors economic development and some of the most common categories and examples of economic development.

Political Factors Affecting Economic Development

10. Political Factors Affecting Economic Development

This lesson will discuss how political factors such as regime type, political stability, political management, corruption, and trade laws affect economic development. Check your understanding with the quiz questions.

UN Millennium Development Goals: Definition & Function

11. UN Millennium Development Goals: Definition & Function

Learn about the United Nations' Millennium Development Goals established in the year 2000. What were the goals and how much progress was made achieving them?

Gender Diversity in the Workplace: Definition, Trends & Examples

12. Gender Diversity in the Workplace: Definition, Trends & Examples

Gender diversity deals with equal representation of men and women in the workplace. In this lesson, we will explore trends and issues with gender diversity in the modern workforce.

Chapter Practice Exam
Test your knowledge of this chapter with a 30 question practice chapter exam.
Not Taken
Practice Final Exam
Test your knowledge of the entire course with a 50 question practice final exam.
Not Taken

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