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19 January, 03:00

Which stage of economic development is a time of change from the traditional way of doings things in a society to moving toward economic and cultural change?

Question 46 options:

Takeoff

Primitive equilibrium

Semidevelopment

Transition

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Answers (2)
  1. 19 January, 03:33
    0
    Takeoff

    Explanation:

    Is the third stageof economic development in which rapid economic growth occurs, theeconomy diversifies from few industries to several industries.
  2. 19 January, 05:23
    0
    Takeoff stage

    Explanation:

    The primitive equilibrium stage of economic development is the stage of economic development whereby the economy is not properly organized that means there is no well structured economy plans/organizations. this is usually the first stage that every Economy goes through.

    The semi development stage will see the gradual increase/growth in the economy of the country like changes in transportation and per capita income of citizens. while the Takeoff stage is the stage the beginning of a very significant change in the Economy of the country whereby traditional ways of doing things are now been changed to a more organized way.
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