what is precondition of economic development ?
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Explanation:
Condition 1Traditional Society The economy is dominated by subsistence activity where output is consumed by producers rather than traded. ... • Any trade is carried out by barter where goods are exchanged directly for other goods
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source : internet
Explanation:
Condition 1Traditional Society The economy is dominated by subsistence activity where output is consumed by producers rather than traded.
• Any trade is carried out by barter where goods are exchanged directly for other goods.
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