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What is another word for industrial development?

Pronunciation: [ɪndˈʌstɹɪəl dɪvˈɛləpmənt] (IPA)

Industrial development refers to the growth and expansion of industries. It is an essential component of economic progress as it brings about new opportunities and employment. There are numerous synonyms for industrial development which could be used interchangeably. Some of them include industrialization, economic growth, modernization, technological development, urbanization, and infrastructure development. These synonyms reflect the various facets of industrial development that are essential for sustainable growth. Industrialization encompasses the establishment of industries and the shift towards mechanization. Economic growth encompasses the expansion of output and revenues. Technological development highlights the role of innovation and research in industrial development. Urbanization depicts the growth of cities and towns, while infrastructure development encompasses the creation of essential amenities such as roads, water systems, and power supply.
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What are the hypernyms for Industrial development?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

Famous quotes with Industrial development

  • In my fifty years of experience and memory, I have seen the most amazing increase in the standard of living of a people ever achieved anywhere in the world. This is why I am so sure that our system of free competition and industrial development is sound and must be preserved.
    Charles E. Wilson
  • The tremendous and highly complex industrial development which went on with ever accelerated rapidity during the latter half of the nineteenth century brings us face to face, at the beginning of the twentieth, with very serious social problems. The old laws, and the old customs which had almost the binding force of law, were once quite sufficient to regulate the accumulation and distribution of wealth. Since the industrial changes which have so enormously increased the productive power of mankind, they are no longer sufficient.
    Theodore Roosevelt
  • ...it [is] possible to suppose that, if Russia is allowed to have peace, an amazing industrial development may take place, making Russia a rival of the United States.
    Bertrand Russell

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