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# Economic Development Sequencing

## Definition

The ordered progression through which nations advance economically, typically moving from agricultural foundations to commercial development. This sequencing reflects the natural order of economic advancement and the prerequisites for different stages of development.

## Source Chapter

Book IV, Chapter 0

## Context

Smith's distinction between ancient and modern systems implies a developmental sequence in economic advancement, suggesting that nations typically progress through different economic arrangements as they develop.

## Economic Domain

General Theory

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