Theories Of Development Flashcards
Rostow’s Theory shows ______ Stages of Economic ______________.
Five…Development…
Rostow’s Modernisation __________ Predicts How a Country’s Level of ______________ Development Changes over Time.
Theory…Economic…
Rostow’s Theory Describes How a Country’s Economy Changes from Relying mostly on _________ Industry, through Second Industry to Tertiary and _____________ Industry.
Primary…Quaternary…
Example of Primary Industry?
Agriculture.
Example of Secondary Industry?
Manufacturing Goods.
Example of Tertiary and Quaternary Industry?
Services and Research.
Stage 1 is the Lowest Level of ________________ and Stage 5 is the __________.
Development…Highest…
Rostow’s Theory shows a Graph which is Directly Proportional Between?
Level of Development and Time.
What is Stage 1 and what Happens?
Traditional Society.
Subsistence Based. Farming, Fishing and Forestry. Little Trade.
What is Stage 2 and what Happens?
Preconditions for Take-Off.
Manufacturing Starts to Develop. Infrastructure is Built. International Trading Begins.
What is Stage 3 and what Happens?
Take-Off.
Rapid, Intensive Growth. Large-Scale Industrialisation. Increasing Wealth.
What is Stage 4 and what Happens?
Drive to Maturity.
Economy Grows so People get Wealthier. Standards of Living Rise. Widespread Use of Technology.
What is Stage 5 and what Happens?
Mass Consumption.
Lots of Trade. Goods are Mass Produced. People are Wealthy, so there are High Levels of Consumption.
Frank’s Dependency Theory says ______ Countries Rely on Rich _____________.
Poor…Countries…
Frank’s Dependency Theory Suggests that some Poorer, Weaker Countries (the ____________) Remain Poor because they’re Dependant on the Richer Countries (the ______).
Periphery…Core..