Unit 5 (theories of development *2)

Question 1

Rostow’s Stages of Economic Growth

Answer 1

Describes how countries shift from traditional to modern economies (based on modernization theory *idea that all countries can achieve modernization)

Question 2

Stage one

Answer 2

Traditional Society
- Primary sector (raw materials)

Question 3

Stage two

Answer 3

Preconditions for Takeoff
- Mostly primary sector but transitioning to secondary

Question 4

Stage three

Answer 4

Takeoff
- Secondary sector (manufacturing)

Question 5

Stage four

Answer 5

Drive to Maturity
- Both secondary and tertiary sector

Question 6

Stage five

Answer 6

Age of Mass Consumption
- Tertiary sector (or higher)

Question 7

Dependency theory

Answer 7

Early stages are dependent on the later countries so they can get stuck