Is this on edge? I can help you if its on edge
The four phases of modernization proposed by economist Walt Rostow in 1960 are:
- "Pre-condition": or need for an improvement in the way a particular activity is being done in society.
- The "pre-condition takes off": Efforts targeted to assess this need start, including the production of raw materials and knowledge developments.
- "Take-off": Knowledge previously created during the latter phase is diffused and adopted by the masses.
- "Maturity": The development has reached a peak where it is common knowledge and the impact over society has already occurred.
Practical escalators use electric fields to speed up and increase the energy of a beam of particles, which are steered unfocused by magnetic fields.
<span>In the 1920 the German economy collapsed as a result of B. Inflation. This inflation was so severe that it was referred to using the term hyperinflation. The cause of the hyperinflation was the massive war debt aquired by Germany as a result of the First World War. At the outset of the war Germany had removed its currency from the gold standard and borrowed heavily to finance its campaigns. The resulting debt meant that German currency was not backed by any real asset and so it lost purchasing power.</span>