As countries develop, powerful landowning families diminish in political and economic importance and eventually die out

Question

Quizplus · Accepted Answer

While powerful landowning families may see a relative decrease in their political and economic importance as countries develop and diversify their economies, they do not necessarily die out. Many adapt to new economic conditions, maintaining significant influence through investments in various sectors, political connections, and social status.

As Countries Develop, Powerful Landowning Families Diminish in Political and Economic