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Using the Graphic Organizer, give your own idea about the five stage ofeconomic development |
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Answer» Answer: Unlike the stages of economic growth (which were proposed in 1960 by economist WALT Rostow as five BASIC stages: traditional SOCIETY, preconditions for take-off, take-off, drive to maturity, and AGE of high mass consumption), there exists no CLEAR definition for the stages of economic development. |
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