Answer:
Transition is a stage of economic development which indicates the time of change from the traditional way of doing things in a society to moving towards economic and cultural change. Hence the answer is option C.
Step-by-step explanation:
Economic development is a process by which like economic condition like wealth of the society or a person is improved. There are several ways to be followed for this development to be achieved.
Traditional way economic development follows all the tradition which was being followed from the earlier days. Transition period of economic development is a phase of bringing a change in the process of economic development.