7.5

Question 1

rostow stage 1

Answer 1

traditional society (subsistence, barter, agriculture)

Question 2

rostow stage 2

Answer 2

transitional stage (specialization, surpluses, infrastructure)

Question 3

rostow stage 3

Answer 3

take-off (industrialization, investment, regional growth, political change)

Question 4

rostow stage 4

Answer 4

drive to maturity (diversification, innovation, less reliance on imports)

Question 5

rostow stage 5

Answer 5

traditional society (high mass consumption, consumer durable goods flourish, service sector becomes dominant)

Question 6

rostow criticism

Answer 6

suggests that countries and regions proceed along development path in isolation from each other

Question 7

wallerstein world system theory

Answer 7

economic development that regards world history as moving thru a series of socioeconomic systems, culmination in the modern world system by about the year 1900

Question 8

dependency theory

Answer 8

the theory that periphery is poor bc it was economically dependent on the core in a disadvantageous relationship originally established under colonialism and imperialism

Question 9

dependency theory criticism

Answer 9

little attention to social and political issues, delinking

Question 10

commodity dependence

Answer 10

occurs when commodities account for more than 60% of the value of a country’s total exports