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

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2
Q

Traditional Society

A

Basic Tech
Subsistence Agriculture

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3
Q

Pre-conditions for Take-Off

A

Surplus Production
Marketplace

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4
Q

Take off

A

Reinvest profits

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5
Q

Drive to Maturity

A

Infrastructure
Reinvestment cont.
New social needs

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6
Q

Age of Mass Consumption

A

Demands
Economy
Wealth trickles

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7
Q

What does development need?

A

Advanced Tech
Surplus cash
Entrepreneurs
Geographically mobile work force

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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

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9
Q
A
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