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G - Stages of Revolution (⇩)

A. Initiation
B. Acceleration
C. Maturation
D. Decline

User SmartTom
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Final answer:

The stages of revolution in the context of economic development refer to the different stages outlined by economist Walt Rostow in his model of economic growth.

Step-by-step explanation:

In the context of economic development, the stages of revolution refer to the stages outlined by economist Walt Rostow in his model of economic growth. These stages are:

1. Traditional society: This is the starting point, characterized by subsistence agriculture and limited technology.
2. Preconditions for take-off: This stage involves the emergence of commercial agriculture, increased investment, and the development of infrastructure.
3. Take-off: In this stage, a country experiences sustained industrial growth and development.
4. Drive to maturity: This stage is marked by diversification of the economy and the consolidation of industrial growth.
5. Age of high mass consumption: In the final stage, the economy is characterized by high levels of consumption and service-oriented industries.

These stages represent the progression of a country's economy from less developed to more developed. They describe the various stages of economic growth and development that a country may go through.

User Lendell
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