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State the changes that a country must experience during economic transformation

      

State the changes that a country must experience during economic transformation

  

Answers


Dana
Shift in production and employment from agriculture to industry
The monetary structure tends to increase and agriculture becomes mechanized
Increase in investments hence high rate of capital formation
Increase in international trade and increase in international trade and trade partners
Changes in ownership of resources which increases indigenization of economic enterprise, manpower and investment
Relative growth in public sector

Dana05 answered the question on July 3, 2019 at 11:13


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