Multiple choice

An economy is at the " take off" stage on its path to development when it

  1. becomes stagnant

  2. begins steady growth

  3. is liberalized

  4. gets maximum foreign aid
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The 'take-off' stage, a concept introduced by W.W. Rostow, refers to the period when an economy breaks away from traditional constraints and begins a period of self-sustained, steady growth.

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