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