Modernisation Theory Flashcards
1
Q
Rostow’s Ladder
A
Traditional Societies
Pre-conditions for Take Off
Take off
Drive to Maturity
Age of Mass Consumption
2
Q
Traditional Society
A
Basic Tech
Subsistence Agriculture
3
Q
Pre-conditions for Take-Off
A
Surplus Production
Marketplace
4
Q
Take off
A
Reinvest profits
5
Q
Drive to Maturity
A
Infrastructure
Reinvestment cont.
New social needs
6
Q
Age of Mass Consumption
A
Demands
Economy
Wealth trickles
7
Q
What does development need?
A
Advanced Tech
Surplus cash
Entrepreneurs
Geographically mobile work force
8
Q
Economic Barriers
A
lack of development = lack of money
Southern Hem = basic tech = no surplus
Getting over this is loaning money to pay workers fair wages and get profit
9
Q
A