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What Is Economic Transition? Describe the Remaining Obstacles That Countries

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Essay

What is economic transition? Describe the remaining obstacles that countries face in their economic transition.


Definitions:

Stages of Development

The distinct phases in human growth through which individuals typically progress, each characterized by specific developmental milestones.

Qualitative

Pertaining to or concerning the qualities, characteristics, or descriptions of something, rather than its quantity or measurement.

Biological Timetable

refers to the sequence of developmental milestones and physiological processes that occur in living organisms over time.

Stage Perspective

A viewpoint in developmental psychology that suggests individuals progress through a series of discrete stages of cognitive or emotional development.

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