Question
Economic Factor is of unique importance in social change.

Answer

This statement is True.
  1. Stages of economic development in human history are not limited to economic transformation in society.
  2. They promoted large scale political and social transformations. Amidst these changes, there continues to be a need for a decent livelihood and human welfare.
  3. Economic development affects different institutions like family, education etc. The growth of large-scale industries led to a spurt in cities, employment opportunities, professionalism, exploitation, trade unionism and so forth.

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