The final stage of economic growth in which leading sectors produce durable consumer goods and services is called ____________.

Pre-take-off stage

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Take-off stage

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Drive to maturity

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High mass consumption

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Solution

The correct option is D High mass consumption

The age of high mass consumption refers to the period of contemporary comfort afforded many western nations, wherein consumers concentrate on durable goods and hardly remember the subsistence concerns of previous stages.

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Similar questions

	Group-A		Group-B
(1)	Agriculture	(a)	Total many value of goods and services
(2)	Economic Development	(b)	Indicates economic welfare
(3)	Economic Growth	(c)	Primary sector
(4)	Industry	(d)	Secondary sector
(5)	National Income	(e)	Deliberate and planned
(6)	Per Capita Consumption	(f)	Natural growth

The market value of all final goods and services produced in a year inside the boundary of a nation is called ______.

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