Models of development

Question 1

Rostow model stages

Answer 1

Traditional society
Preconditions to take off
Take off
Drive to maturity
High mass consumption

Question 2

Traditional society

Answer 2

Subsistent, agricultural based economy with intensive labour and low levels of trade and air population without scientific perspective

Question 3

Preconditions to takeoff

Answer 3

Society begins developing manufacturing and there is national/international outlook

Question 4

Take off

Answer 4

Short period of intensive growth in which industrialisation occurs bringing concentration of labour to capital

Question 5

Drive to maturity

Answer 5

Diversification, innovation, less reliance on imports and high investment

Question 6

High mass consumption

Answer 6

Consumer oriented service sector dominance, dependent on global economy and market managing economies

Question 7

Friedman’s core periphery

Answer 7

Capital is concentrated in CBD but labour and raw materials scarce
In periphery vice versa

Question 8

Clark Fischer model

Answer 8

Increasing economic development= progression towards quaternary specialisation