Everything in this world has its good sides and bad sides. When we make decision, we also think about good sides and bad sides about it. This thinking process also happens to the government when they change from agrarian country to industrial country. First, let's talk about the industrialization revolution. Industrialization revolution first happened in Great Britain in the late 18th and early 19th centuries. At that time, there occurred a transition from manual-labour-based economy towards machine-based manufacturing. These change first happened in a textile industries, the development of iron-making industries and the increased use of refined coal. Later on, trade expansion was enabled by improved roads and railways. From Great Britain, these effects spread throughout Western Europe and North America during the 19th century, and finally to most of the world. So, what's the pros and cons of industrialization?
In one hand, industrialization has several pros. With machine-based manufacturing and the new technology, the cost of producing goods are less than in manual-labour-based manufacturing. This means we can allocate the the resources more efficiently and cut the production costs. Then, we can allocate the remaining resources (it can be money, time, or another capital) to produce another goods. The effect of producing this goods is an increase in supply (quantity of the goods produced) which leads to decrease in the price of the goods in the market. The producers also get more income by producing more goods. The country also can increase their income by taxing the producer or by exporting the goods to another country.
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In the another hand, industrialization also has several cons. Sometimes, most factory labored children under age to work for the company. Most of the workers are also paid in a very low wages and they have to work outrages amount of hours in a very poor condition. Another cons is that most factory gives a bad effect on the environment; most of them emits greenhouse gas such as carbon dioxide (CO2) and methane (CH4) ,which cause the greenhouse effect, that leads to global warming.
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Of course all the country try to minimize the bad side of industrialization. They makes the law that prohibits factory owner to labor children under age to work. They also made rent floor or minimum wages for the worker. This means that the factory owner cannot pay the workers under the minimum wage. And for the last environmental cons, all the country in the world now work together to solve the global warming problem. Let's hope that we can minimize the bad side of industrialization or even lose it. Personally, I agree with industrialization because the advantage of it is more than the disadvantage of it and because that the bad sides are now being countered.
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