The three stages of economic development include
A) the agriculture stage, the manufacturing stage, and the service sector stage.
B) the computerized stage, the agriculture stage, and the manufacturing stage.
C) the feudal stage, the agriculture stage, and the totalitarian stage.
D) the agriculture stage, the manufacturing stage, and the socialist stage.

Question

Quizplus · Accepted Answer

The three stages of economic development are commonly known as the agricultural stage, the manufacturing stage, and the service sector stage. These stages refer to the dominant sector of the economy, with the agricultural stage referring to societies that rely on farming and agriculture, the manufacturing stage referring to societies that rely on industrial production, and the service sector stage referring to societies that rely on the provision of services.

The Three Stages of Economic Development Include