Economic Development in Different waves.

Many times the process of economic development is define in terms of various stages.accordingly the progression is broken down in stages character rising time period of specific economic activity. One such classification terms the development stages and waves. The first being agriculture,the second being the industrial and Third being the information wave.another social history and describe the social evolution in terms of different societies. The perspective hair is on defining man’s relationships, power structure and activities. Accordingly these three type of societies are proposed, pre- industrial and post industrial. 

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