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

Question

Porter Hunter

Business

20 October, 22:43

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

+2

Answers (2)

Know the Answer?

Finnegan Porter · Answer 1

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.

Karly Hernandez · Answer 2

Takeoff

Explanation:

Is the third stageof economic development in which rapid economic growth occurs, theeconomy diversifies from few industries to several industries.

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:TakeoffPrimitive equilibriumSemidevelopmentTransition

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