Answer:
Stage 2 - Pre-conditions for take-off
and
Stage 3 - Take-off
Explanation:
The stage 2 "Pre-conditions for take-off " give emphasis to the mechanisation of agriculture and trading of agricultural produce. In stage 3 “Take-off” Manufacturing industries get importance. The economy rises with rise in industrial production and trading. The focus is shifted to infrastructure development.
Answer:
Wikipedia defines formal sector as activities which are taxed and monitored by the government and the activities involved are included in the Gross Domestic Product(GDP).
Explanation:
In contrast to formal economy is the informal sector which is neither taxed nor included in the GDP and Gross national product (GNP) of a country.
Answer: C.III only
Explanation:
The members are all included in the blue shaded region
B & C in my opinion. If it asks for one— B. is what I would choose.
Answer:
Probably C. Minimal government regulation, ensuring free choice.
If this is wrong, tell me soon, I'll fix it.
(:
