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Malaysia in the age of disruption


INDUSTRIALISATION is the process of transformation from a primarily agrarian economy to one based on the manufacturing of goods. This process fosters development in aspects beyond economic fundamentals such as social, demography, and politics.

Besides that, it enables urban-rural migration and social mobility, improves purchasing power and spending habits, and creates political movements that challenge the traditional agrarian elites.

Economy , Manokaran , column

   

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