INDUSTRY AND ITS DEVELOPMENT STAGES

Abstract In the modern stage, industry plays a leading role in terms of the volume and importance of product production necessary for the survival and development of society. The article discusses the factors influencing the emergence and development of industry, as well as its stages of development. It also highlights that, at various stages of historical development, the activities of the first enterprises—arising from the necessity of applying collective labor—and their improvement, the emergence of new forms of labor organization, and the occurrence of scientific-technical and industrial revolutions have led to significant achievements in other areas of material goods production as well.