Topic 2 (development dynamics)

Question 1

What is Rostows theory?

Answer 1

Rostows model summarises economic growth of countries into different stages

Question 2

What are the 5 stages of Rostows theory?

Answer 2

Traditional society

pre conditions take off - manufacturing industry begins to develop and a country develops an international outlook

take off - short period of intense activity where urbanisation increases and industrialisation proceeds with technological break throughs

drive to maturity - where industry diversifies and investment is made in infrastructure and improving quality of life over a long period of time

age of high mass consumption - where mass production feeds customer demands

Question 3

What is franks theory (main argument and other)

Answer 3

Franks main argument was that in our interconnected, globalised world, some countries are winners whilst others are losers

Historical exploitation especially colonialism has created lasting inequalities with rich (core) countries benefitting at the expense of poorer “periphery” countries