7.3c Rostow's Modernisation Theory Flashcards
Background of Rostow’s Modernisation Theory
1960s capitalist model with an emphasis on economic modernisation
Proposes 5 successive stages of growth
All five stages
Traditional society
Conditions for take-off
Take-off
Drive to maturity
High mass consumption
Stage 1 of Rostow’s Modernisation Theory
Traditional society
Based on subsistence agriculture
Tech lacking and resource undeveloped
Village in Lesotho, 86% workforce subsistence agriculture
Stage 2 of Rostow’s Modernisation Theory
Conditions for take-off
Development include profits from farming and improving infrastructure such as transport networks
Extractive industries also develop
Stage 3 of Rostow’s Modernisation Theory
Take-off
Intro and rapid growth of manufacturing industries, better infrastructure, financial investment and cultural change as part of an industrial revolution
Stage 4 of Rostow’s Modernisation Theory
Drive to maturity
New ideas and tech improve and replace older industries and economic growth spreads through all sectors and area of a country
Stage 5 of Rostow’s Modernisation Theory
High mass consumption
People have more wealth and buy services and good
Criticisms of Rostow’s Modernisation Theory
-Only describes economic change associated with development
- Does not help to understand cultural and political aspects of power.
- Assumes Western forms of capitalism ideal and conveniently ignores social and economic problems that are common in those societies