Answer:
Individual settlers
Step-by-step explanation:
Economic development is the growth of the standard of living of a nations people from a low-income (poor) economy to a high-income (rich) economy. In essence, When the local quality of life is improved, there is more economic development. When social scientists study economic development, they look at a lot of things, which includes below.
Using these ideas, Rostow penned his classic "Stages of Economic Growth" in 1960, which presented five steps through which all countries must pass to become developed:
1) traditional society
2) preconditions to take-off
3) take-off
4) drive to maturity
5) age of high mass consumption.
The individual settlers are individuals who first pertake in the economy.
They invest a little, cultivate a little and the the small income is being made.