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In the stages of group development, the correct sequence of stages is
Productive Input
Resources, such as labor, materials, and machinery, used in the production process to create goods or services.
Industrial Policy
Government policies aimed at improving the economic and competitive environment for businesses, often focusing on sectors believed to be significant for economic growth.
Regional Innovations
Novel products, processes, or techniques developed within a specific geographic area, contributing to its economic growth.
Economic Clustering
The phenomenon where businesses and industries tend to locate near each other in order to benefit from shared resources, knowledge, and markets.
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