| 单词 | stages of economic growth |
| 释义 | stages of economic growth The theory that countries develop through a series of modes of economic organization, each leading to the next. Various such sequences have been proposed: for example, Feudalism-Capitalism- Socialism; or Hunting-gathering-Herding animals-Agriculture-Industry-Service-based economy. In each case several economies can be observed to have followed such a sequence; whether all economies must do so, or whether the order can be changed or some stages omitted, is a matter of controversy. |
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