Question

What is characteristic of Stage 2 of Rostow's five-stage model of economic growth?

A) Industrial demand is mainly associated with natural resources extraction.

B) The goods demanded relate to equipment and supplies to support manufacturing.

C) The focus is more on low-cost manufacturing of a variety of consumer and some industrial goods.

D) The focus is on design activities and the development of manufacturing techniques.

E) Infrastructure development is a primary need.

Answer

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