1 / 9

Rostow’s development Theory

Rostow’s development Theory. First Stage. . The Traditional Society- This term defines a country that has not yet started a process of development. A traditional society contains a very high percentage of people involved in agriculture. 2 nd Stage.

spiro
Download Presentation

Rostow’s development Theory

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Rostow’s development Theory

  2. First Stage • . The Traditional Society- This term defines a country that has not yet started a process of development. A traditional society contains a very high percentage of people involved in agriculture.

  3. 2nd Stage • The Preconditions for Takeoff- The process of development begins when an elite group initiates innovative economic activities. Examples: invest in new technology, water supplies, and transportation systems. These projects will stimulate an increase in productivity

  4. Third Stage The Takeoff- Rapid growth is generated in a limited number of economic activities Ex: food products. These few takeoff industries achieve technical advances and become more productive.

  5. Fourth Stage • The Drive to Maturity- Modern technology diffuses to a wide variety of industries which then experience rapid growth comparable to the takeoff industries. The workers become more skilled and specialized.

  6. Fifth Stage The Age of Mass Consumption- The economy shifts from production of heavy industry such as steel and energy, to consumer goods Examples : motor vehicles and refrigerators.

  7. Rostow’s Role of MDC’s • Role of High-income countries • High income countries help low income countiesEx: food aid, education facilities, clean water, housing, MONEY

  8. Immanuel Wallerstein

More Related