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# Long description

A flow diagram consisting of five rectangular boxes which appear in a stepped fashion with arrows pointing upward, indicating progression from bottom to top. The boxes contain the following text: First box (at the bottom) – Traditional society: Limited production capability, static society, absence of modern science and technology capabilities. Second box – Precondition for take-off: Commercial exploitation of agriculture, introduction of modern science to agriculture and industry. Third box – Take-off: Build up of capital, the surge of technological advancement, political support for modernisation, development of manufacturing industry. Fourth box – Drive to maturity: Extension of technology to all fronts of economic activity, refined and complex technology gives rise to specialisation, move beyond industries that initially powered take-off. Fifth box (at the top) – High mass consumption: Exploitation of competitive advantage in international trade, industrial sectors produce consumer durables, increase of employment in industry and services, development of welfare state.