the stages of economic growth

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Miscellaneous

 

Written by:

Zachary F

 

Date added:

October 20, 2015

 

Level:

University

 

Grade:

A

 

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5 / 1256

 

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Since agriculture was their main source of income during time of war, plague, or another x factor caused the economy to fluctuate. With agriculture comes a lot of down time or time when there is no harvest creating an important social aspect to this society. Time that is not spend on the land is spent socializing and on keeping the hierarchy in place...
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Time that is not spend on the land is spent socializing and on keeping the hierarchy in place. This hierarchy gave political and social power to the landowners who were able to make the most money because of the agriculture. Before the society can break off from this agriculture based economy there has to be an in between and that stage is called the Preconditions for Take-Off...
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