Theories Of Development Flashcards
1
Q
Rostowsmodernisation theory predicts how a
A
Country’s level of economic development changes over time.
2
Q
Stage 1 traditional society
A
Subsistence based.Farming, fishing and forestry.Little trade.
3
Q
Stage 2 Preconditions for take off
A
Manufacturing starts to develop.Infrastructure is built.International trade begins
4
Q
Stage 3 tske off
A
Rapid intensive growth.Large scale industrialism.Increasing wealth.
5
Q
Stage 4 Drive to maturnity
A
Economy grows so people get weslthier.
Standards of loving rise.
Widespread use of technology
6
Q
Stage 5 mass consumption
A
Lots of trade.
Goods are mass produced.
