Basic industrialization and economic development can be managed through effectively putting into coordinated activity the resources of a state, broadly speaking. However, advanced economic development – at the high income, knowledge economy end of things – really requires some input from universities.
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The industrial ladder is a concept that helps to explain how and why societies move from basic, primitive economic activities up to advanced and wealthy ones. History shows that all societies begin as agricultural societies with all able-bodied people involved in collecting and preparing food, whether this is by hunting and gathering or by growing crops and vegetables.
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