I
would have industrialized
you
would have industrialized
he / she / it
would have industrialized
we
would have industrialized
you
would have industrialized
they
would have industrialized
I
would have been industrializing
you
would have been industrializing
he / she / it
would have been industrializing
we
would have been industrializing
you
would have been industrializing
they
would have been industrializing