Multiple Choice
With respect to industrial demand, which of the following best characterizes the "traditional society" described in Stage 1 of Rostow's five-stage model of economic development?
A) A service economy is on the horizon.
B) The important industrial demand is associated with natural resources extraction.
C) Primary needs are related to infrastructure development.
D) Manufacturing of both semidurable and nondurable consumer goods begins.
E) The focus in on low-cost manufacturing of a variety of consumer and some industrial goods.
Correct Answer:
Verified
Correct Answer:
Verified
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