Walt W Rostow's Transition Stage of Economic Development Argued That

question 63

Multiple Choice

Walt W. Rostow's transition stage of economic development argued that:

• A) the development of internal and external markets allowed the sale of agricultural surpluses and the import of new goods with foreign technology
• B) this was the moment when developing countries switched to large-scale agriculture and industry
• C) this was a period of rapid urbanization and industrialization
• D) the economies of developing countries were mostly agricultural and focused on subsistence
• E) countries would become more economically diversified and less reliant on imports to cover necessities

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Definitions:

Nonsampling Error

Errors in data collection or analysis that are not related to the process of selecting a sample from the population.

Coverage Error

The error that occurs when the sample does not adequately represent the population being studied, often due to undercoverage or overcoverage.

Statistical Inference

The process of using data analysis to deduce properties of an underlying distribution of probability.

Huge Data

A colloquial term likely referring to "Big Data," which describes extremely large data sets that may be analyzed computationally to reveal patterns, trends, and associations.