The three ages of economic development
How and why economic development is evolving
We often divide our perspective on history into three parts. Archaeologists divide human prehistory into three ages – the Stone Age, the Bronze Age, and the Iron Age. The classical artist Titian famously painted his Three Ages of Man, depicting childhood, adulthood, and old age. In 1905, Austrian painter Gustav Klimt echoed this theme in his striking work Three Ages of Woman. Interestingly, in considering the history of municipal economic development, we can see the
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