What is the mean of ‘Take off stage’ in an economy? -Do You Know?

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Description : What is the mean of ‘Take off stage’ in an economy? -General Knowledge

Last Answer : The answer is 'Steady growth begins'

Description : What is the mean of ‘Take off stage’ in an economy? -General Knowledge

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Description : 'Take-off stage' in an economy means - (1) Steady growth begins. (2) Economy is stagnant. (3) Economy is about to collapse. (4) All controls are removed.

Last Answer : (1) Steady growth begins. Explanation: Rostow's 'Stages of Economic Growth' (1960) presented five stages through which all countries must pass to become developed: 1) traditional ... which industrialization begins to occur, and workers and institutions become concentrated around a new industry.

Description : ‘Take-off stage’ in an economy means (1) Steady growth begins. (2) Economy is stagnant. (3) Economy is about to collapse. (4) All controls are removed. 

Last Answer : Steady growth begins.

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