Answer:
As the basic form of modern society, the term 'industrial society' covers both CAPITALIST SOCIETIES, since both exhibit the following common features: factory-based production, a declining proportion of the population employed in agriculture, the separation of the household from production, increases in the level of production and improvements in productivity..
Features or characteristics of industry can be discussed as follows:
•Economic activity. Industry is an economic activity. ...
•Production. Production is the main characteristic of industry. ...
•Utility. Industry creates form utility. ...
•Wide scope. Industry has wide scope. ...
•Component of business. Industry is a component of business.
Step-by-step explanation:
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