Answer:
Industry is one of the main agents for transforming space. When a previously non-industrialized area receives a relative number of factories, the tendency is to receive more migrants to its area, accelerating its urbanization.
With more people residing in the same place, more demand is generated by the commercial activity and also in the services sector, which expand and produce more jobs. Among other positive aspects, mention is made of the higher tax collection (although, almost always, large companies do not contribute so much to this aspect).
Among the negative effects of industrialization, we can mention the impacts generated on the environment, given that, depending on the type of factory and the infrastructures offered to it, more pollutants are generated in the atmosphere and also in the soil and water courses. In addition, the tax incentives offered by the government are criticized for making the population pay more taxes than the big companies.
The power of industry to intervene in societies is so high that even their modes of production, that is, the predominant way in which their production lines operate, interfere in the organization of space, generating more or less products and jobs, among other elements . In the age of Fordism, production was mass, with more jobs in the secondary sector; what has radically changed in the era of Toyotism.