Development - development models

Question 1

what are models?

Answer 1

models is how a world is described.

Question 2

explain Free Market development model or Rostow’s development model (5):

Answer 2

Rostows development model, shows modernisation. this was a capitalist, western model were development is seen as purely economic growth.

development occurred over time due to free trade, industrialisation and export.

countries went through stages of development:

1. traditional society - every society starts underdeveloped, subsistence farming, home industries…
2. preconditions for take-off - economy grows = commercial agriculture, technology and infrastructure improves. natural resources start being exported due to external demand.
3. take-off - manufacturing improves, economy grows and transport and industrialisation improves.
4. drive to maturity - economy matures, economy growth spreads to country, industrialisation and urbinisation.
5. high mass consumption - an advanced highly-developed industrial economy - tertiary sectors expand.

Question 3

what are rostows development model limitations (4):

Answer 3

• Rowstows model focuses on Western European countries where they see economy growth as development. therefore this model would not apply to all countries as not all countries see economy growth as development.
• many countries, despite time and resources remain at stage 1
• not everyone would agree that stage 5 is the ultimate development aim.
• to what extends is social and human development focused on if economy growth is the aim.

Question 4

explain the core periphery model:

Answer 4

The Core-periphery model tells us that development starts at a core location and as that location grows in economy, and starts developing that development will spread to its peripheral areas (surrounding areas) and it’ll keep growing as the core area develops more and more.

Question 5

explain the sustainable development model:

Answer 5

the sustainable development model tells us that development should occur without compromising the needs of future generations.

for this to be ensured there must be a balance in development between the economy, society and the environment.

Question 6

explain export-led development:

Answer 6

development where countries base their development on their exports.

for this development to occur:

1. LEDC’s export primary and manufactured goods to global markets.
2. external countries pay for goods.
3. income received is used by LEDC’s for development projects.