Explain the differences between preindustrial and industrial societies in terms of economic and social organization, illustrating with examples of each.

Preindustrial Societies

Societies characterized by limited technological advancement and economies based on subsistence farming or hunting and gathering.

Industrial Societies

Societies characterized by a reliance on mechanized labor to create goods, often leading to advanced technology and economic growth.

Economic Organization

The arrangement and coordination of activities and resources within a society or among entities to achieve economic objectives.