Economies generally progress from services to manufacturing to agrarian based.

Question

Quizplus · Accepted Answer

This statement is false. Economies can progress in different ways and can even have a mix of different sectors at the same time. For example, some economies may have a strong manufacturing and services sector, while others may be agrarian-based. The progression of an economy depends on various factors such as natural resources, human capital, and technological advancements.

Economies Generally Progress from Services to Manufacturing to Agrarian Based