Question

______ is the process of an economys increasing industrialization, standard of living, and economic wealth.

Explanation:

The term that fits the description of an economy's increasing industrialization, standard of living, and economic wealth is "Development" (specifically "Economic Development"). In the Business discipline, Economics (a subfield) deals with economic growth and development concepts. Economic development encompasses the process of improving these economic and social aspects of an economy.

Answer:

Development (or Economic Development)