Impetus to change
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Take-off
1. Change jobs from primary to secondary sector 2. Individuals to invest in secondary sector
Traditional society
1. Elites innovate economic activity 2. International trade
Pre-conditions to take-off
1. Improved technology and infrastructure 2. Surplus in wealth
High mass consumption
1. Modernizing with technology
Drive to maturity
1. Switch from secondary to tertiary 2. Outsourcing to LDCs for cheap labor