industrialization UK /ɪnˌdʌstɹɪəlaɪˈzeɪʃən/US /ɪnˌdʌstɹɪəlɪˈzeɪʃən/ noun1 •A process of social and economic change whereby a human society is transformed from a preindustrial to an industrial state.It was during this period of industrialization that the individualistic world view of classical liberalism became the dominant ideology of capitalism. — 1990 formsindustrializations