Tag: industrialisation and urbanisation

As trade increased, with the help of it, newer business buildings grew up. With the shortage of area and also because of easier communication, they started growing complexes. A cooperative society that lends money collected from its members at low rates of interest also grew up to help for the time being. Banks also grew as did international trade to keep the growth and development of the country in check.

Trade is buying and selling of goods and services between two individual or more than that. It is basic economic concept involving the buying and selling of goods and services, with compensation paid by a buyer to a seller, or the exchange of goods or services between parties.

The various types of migration are mainly international which means outside the nation, and national which means within a nation. There are others types of migration too such as, forced, long term, short term, voluntary, permanent etc.

Urbanisation means an increase in the proportion of people living in urban areas compared to rural areas. People started moving in the urban areas as there grew more factories during Industrialisation and hence employment in those factories grew. With industrialisation, trade improved among countries too.

To call a place as "Urban", some conditions are required which we do  not see in rural place or in township.

• Roads, railways, airways are all modes of transportation. Vehicles like motorbikes, cars, buses etc ply on roads. The vehicles may be publicly owned or private. Railways are owned by the Central Government and form a vast network. Airways has privrate players and a public sector player Air India.
  

Migration is essentially the movement of human capital in search for better opportunities, living conditions,etc. Urbanization is the movement of people from rural to urban areas. 

Social harmony means that the people who live around and near each other get along and cooperate to make everything better for everyone exchanging each other's social and cultural customs and traditions.

There are some disadvantages that started growing due to urbanisation. The more the number of people in the area, the newer the ideas and technologies gets adopted. These eventually made urban population use cars more which ultimately leads to traffic jams. Also, with increase in industries and factories, the pollution too increased. With an increase in the base salary, the number of poor people also increased increasing the slum area in urban places.

Urbanisation means migrating from rural to urban areas. This also means, the new population will adopt newer ideas, updated technologies, newer facilities etc. Adopting these new things are an added advantage over and above the occupation of the newly migrated ones.