Rostow's 5 Stages of Econmic Development Flashcards
Depends upon primary sector activities.
Traditional Society
Uses limited technolgy
Traditional Society
Limited socio-economic mobilty
Traditional Society
Carries out local or regional trading
Traditional Society
English colonies in North America
Traditional Society
Medieval Europe
Traditional Society
Improves Infrastructure
Pre-conditions for Take-off
Improves farming techniques
Precoditions for Take-off
Exports agricultural and raw materials
Precoditions for Take-off
Diffuses technolgy more widely
Precoditions for Take-off
United States, Early 19th century
Precoditions for Take-off
Nigeria Today
Precoditions for Take-off
Opens to major technological innovations
Take-off
Start industrialization
Take-off
The primary sector begins to shrink
Take-off
Begins to urbanize
Take-off
Starts individual self-sustaining growth
Take-off
United States mid 19th century
Take-off
Bangladesh today
Take-off
Creates new industires while improving existing ones
Drive to maturity
Improves technolgy, communication, and energy sytems
Drive to maturity
Greater economic growth than population growth
Drive to maturity
Invests in special infrastructure
Drive to maturity
Germany in the early 20th century
Drive to maturity
Brazil today
Drive to maturity
Spends money on nonessential goods
High mass consumption
Purchases of higher order goods become common
High mass consumption
Desires to create newer society
High mass consumption
Supports a strong tertiary sector
High mass consumption
Japan, mid 1950s to present
High mass consumption