SlideShare ist ein Scribd-Unternehmen logo
1 von 10
Rostow’s
Stages of
Development
What is it?
✱ A model of economic growth suggesting that all
countries pass through a series of stages of
development as their economies grow.
A series of 5 stages
STAGE 1: Traditional Society
✱ Dominated by subsistence agriculture
✱ agricultural based economy
✱ Intensive labor and low levels of trading
✱ Having a population that has no scientific
perspective on the world and technology
STAGE 2: Preconditions to take- off
✱ Society begins to develop
manufacturing
✱ country advances to a
more complex economy,
beginning of economy
development
✱ levels of technology
develop
✱ development of a transport
system- TRADE.
✱ Rostow believed: could
only be reached by a great
achievement of a surplus of
wealth
STAGE 3: TAKE- OFF
✱ Short period of extensive growth.
✱ Industrialization begins. Manufacturing more
important part of economy
✱ Introductions to technical innovations– economic rise
✱ Agriculture progressed to commercial rather than
subsistence
STAGE 4: The drive to Maturity
✱ Takes place over a long period of time – standards of living
rise
✱ Use of technology increases
✱ National economy grows and diversifies
✱ Increased percentage of Nation’s wealth- invested into
developing its economy
STAGE 5: High Mass Consumption
✱ Individual incomes are greater
than necessary for buying
essentials
✱ growing demand for additional
consumer goods and services
✱ Improved health care systems and
education
✱ Economy flourishes
DISADVANTAGES- Criticism
✱ Has a strong bias towards a western model of
modernization
✱ Assumes that all countries follow the same route of
development
✱ Doesn’t look at variations within a country
✱ Assumes that each country is economically and
politically free
ADVANTAGES
✱ Highly respected and referred to model
✱ Primary example of the “intersection of Geography,
economics and politics”
✱ Most widely cited development theories

Weitere ähnliche Inhalte

Was ist angesagt?

Rostow's stages of growth
Rostow's stages of growthRostow's stages of growth
Rostow's stages of growthAnikAhmed31
 
Balace Unbalance Growth
Balace Unbalance GrowthBalace Unbalance Growth
Balace Unbalance GrowthPiter Biswas
 
Lewis Theory Of Economic Development
Lewis Theory Of Economic DevelopmentLewis Theory Of Economic Development
Lewis Theory Of Economic Developmentrehan23may
 
The classical theory of Economic Development
The classical theory of Economic DevelopmentThe classical theory of Economic Development
The classical theory of Economic DevelopmentSharin1234
 
Lewis theory of_unmlimited_supply_of_labour
Lewis theory of_unmlimited_supply_of_labourLewis theory of_unmlimited_supply_of_labour
Lewis theory of_unmlimited_supply_of_labourMadhusudanbindal
 
Measures of development_ppt
Measures of development_pptMeasures of development_ppt
Measures of development_pptcindipatten
 
Brief review of Adam Smith's main concepts of growth.
Brief review of Adam Smith's main concepts of growth.Brief review of Adam Smith's main concepts of growth.
Brief review of Adam Smith's main concepts of growth.Prabha Panth
 
Indicators of Development (Economic, Social and Environmental)
Indicators of Development (Economic, Social and Environmental)Indicators of Development (Economic, Social and Environmental)
Indicators of Development (Economic, Social and Environmental)Kamlesh Kumar
 
Economic Growth & Economic Development
Economic Growth & Economic DevelopmentEconomic Growth & Economic Development
Economic Growth & Economic DevelopmentRadhika Gohel
 
Measurement of economic development
Measurement of economic developmentMeasurement of economic development
Measurement of economic developmentTintoTom2
 
Theory of unbalanced_growth
Theory of unbalanced_growthTheory of unbalanced_growth
Theory of unbalanced_growthmaya0311
 
Marxian theory of economic development
Marxian theory of economic developmentMarxian theory of economic development
Marxian theory of economic developmentAsha V K Menon
 
Economic Growth and Development
Economic Growth and DevelopmentEconomic Growth and Development
Economic Growth and DevelopmentKrizza Lyn
 
The theory of balanced growth
The theory of balanced growthThe theory of balanced growth
The theory of balanced growthAnjali Singh
 
Schumpeter theory of economic development
Schumpeter theory of economic developmentSchumpeter theory of economic development
Schumpeter theory of economic developmentvishnuchandradas
 
Todaro & Smith economic development_ch03_Mushfiqul Haque Mukit
Todaro & Smith economic development_ch03_Mushfiqul Haque MukitTodaro & Smith economic development_ch03_Mushfiqul Haque Mukit
Todaro & Smith economic development_ch03_Mushfiqul Haque MukitMohammad Mushfiqul Haque Mukit
 

Was ist angesagt? (20)

Rostow's stages of growth
Rostow's stages of growthRostow's stages of growth
Rostow's stages of growth
 
Balace Unbalance Growth
Balace Unbalance GrowthBalace Unbalance Growth
Balace Unbalance Growth
 
Lewis Theory Of Economic Development
Lewis Theory Of Economic DevelopmentLewis Theory Of Economic Development
Lewis Theory Of Economic Development
 
Rostows stages
Rostows stagesRostows stages
Rostows stages
 
The classical theory of Economic Development
The classical theory of Economic DevelopmentThe classical theory of Economic Development
The classical theory of Economic Development
 
Lewis theory of_unmlimited_supply_of_labour
Lewis theory of_unmlimited_supply_of_labourLewis theory of_unmlimited_supply_of_labour
Lewis theory of_unmlimited_supply_of_labour
 
Measures of development_ppt
Measures of development_pptMeasures of development_ppt
Measures of development_ppt
 
Brief review of Adam Smith's main concepts of growth.
Brief review of Adam Smith's main concepts of growth.Brief review of Adam Smith's main concepts of growth.
Brief review of Adam Smith's main concepts of growth.
 
Indicators of Development (Economic, Social and Environmental)
Indicators of Development (Economic, Social and Environmental)Indicators of Development (Economic, Social and Environmental)
Indicators of Development (Economic, Social and Environmental)
 
vicious circle of poverty
vicious circle of povertyvicious circle of poverty
vicious circle of poverty
 
Solow model of growth
Solow model of growthSolow model of growth
Solow model of growth
 
Economic Growth & Economic Development
Economic Growth & Economic DevelopmentEconomic Growth & Economic Development
Economic Growth & Economic Development
 
Measurement of economic development
Measurement of economic developmentMeasurement of economic development
Measurement of economic development
 
Theory of unbalanced_growth
Theory of unbalanced_growthTheory of unbalanced_growth
Theory of unbalanced_growth
 
Economic Planning
Economic PlanningEconomic Planning
Economic Planning
 
Marxian theory of economic development
Marxian theory of economic developmentMarxian theory of economic development
Marxian theory of economic development
 
Economic Growth and Development
Economic Growth and DevelopmentEconomic Growth and Development
Economic Growth and Development
 
The theory of balanced growth
The theory of balanced growthThe theory of balanced growth
The theory of balanced growth
 
Schumpeter theory of economic development
Schumpeter theory of economic developmentSchumpeter theory of economic development
Schumpeter theory of economic development
 
Todaro & Smith economic development_ch03_Mushfiqul Haque Mukit
Todaro & Smith economic development_ch03_Mushfiqul Haque MukitTodaro & Smith economic development_ch03_Mushfiqul Haque Mukit
Todaro & Smith economic development_ch03_Mushfiqul Haque Mukit
 

Andere mochten auch

Global flows - economy and finance
Global flows - economy and financeGlobal flows - economy and finance
Global flows - economy and financeSteven Heath
 
Silicon Savannah - Why Nairobi Is The Next World Tech Capital
Silicon Savannah - Why Nairobi Is The Next World Tech CapitalSilicon Savannah - Why Nairobi Is The Next World Tech Capital
Silicon Savannah - Why Nairobi Is The Next World Tech CapitalOn Device Research
 
Global core and periphery
Global core and periphery Global core and periphery
Global core and periphery Steven Heath
 
Kof index of globalisation
Kof index of globalisationKof index of globalisation
Kof index of globalisationSteven Heath
 
geographyalltheway.com - IB Geography - Global Interactions: KOF Index of Glo...
geographyalltheway.com - IB Geography - Global Interactions: KOF Index of Glo...geographyalltheway.com - IB Geography - Global Interactions: KOF Index of Glo...
geographyalltheway.com - IB Geography - Global Interactions: KOF Index of Glo...Richard Allaway
 
COOL Geography rostows model (jas, wei, alex)
COOL Geography rostows model (jas, wei, alex)COOL Geography rostows model (jas, wei, alex)
COOL Geography rostows model (jas, wei, alex)Tom McLean
 
IB Geography: Development: Rostow Model
IB Geography: Development: Rostow ModelIB Geography: Development: Rostow Model
IB Geography: Development: Rostow ModelRichard Allaway
 
IB Geography - Global Interactions - Glocalization
IB Geography - Global Interactions - GlocalizationIB Geography - Global Interactions - Glocalization
IB Geography - Global Interactions - GlocalizationRichard Allaway
 
Rotterdam and its hinterland; opportunities for synchromodal transport solutions
Rotterdam and its hinterland; opportunities for synchromodal transport solutionsRotterdam and its hinterland; opportunities for synchromodal transport solutions
Rotterdam and its hinterland; opportunities for synchromodal transport solutionsMaurice Jansen
 
Why Kenya is the Next Tech Capital: 2013 Sector Trends Online Social Mobile
Why Kenya is the Next Tech Capital: 2013 Sector Trends Online Social MobileWhy Kenya is the Next Tech Capital: 2013 Sector Trends Online Social Mobile
Why Kenya is the Next Tech Capital: 2013 Sector Trends Online Social MobileSofia Zab
 
How to make a great Theory of Knowledge presentation
How to make a great Theory of Knowledge presentationHow to make a great Theory of Knowledge presentation
How to make a great Theory of Knowledge presentationPavel Ivanov
 

Andere mochten auch (12)

Global flows - economy and finance
Global flows - economy and financeGlobal flows - economy and finance
Global flows - economy and finance
 
Silicon Savannah - Why Nairobi Is The Next World Tech Capital
Silicon Savannah - Why Nairobi Is The Next World Tech CapitalSilicon Savannah - Why Nairobi Is The Next World Tech Capital
Silicon Savannah - Why Nairobi Is The Next World Tech Capital
 
Global core and periphery
Global core and periphery Global core and periphery
Global core and periphery
 
Kof index of globalisation
Kof index of globalisationKof index of globalisation
Kof index of globalisation
 
geographyalltheway.com - IB Geography - Global Interactions: KOF Index of Glo...
geographyalltheway.com - IB Geography - Global Interactions: KOF Index of Glo...geographyalltheway.com - IB Geography - Global Interactions: KOF Index of Glo...
geographyalltheway.com - IB Geography - Global Interactions: KOF Index of Glo...
 
COOL Geography rostows model (jas, wei, alex)
COOL Geography rostows model (jas, wei, alex)COOL Geography rostows model (jas, wei, alex)
COOL Geography rostows model (jas, wei, alex)
 
IB Geography: Development: Rostow Model
IB Geography: Development: Rostow ModelIB Geography: Development: Rostow Model
IB Geography: Development: Rostow Model
 
Glocalization
GlocalizationGlocalization
Glocalization
 
IB Geography - Global Interactions - Glocalization
IB Geography - Global Interactions - GlocalizationIB Geography - Global Interactions - Glocalization
IB Geography - Global Interactions - Glocalization
 
Rotterdam and its hinterland; opportunities for synchromodal transport solutions
Rotterdam and its hinterland; opportunities for synchromodal transport solutionsRotterdam and its hinterland; opportunities for synchromodal transport solutions
Rotterdam and its hinterland; opportunities for synchromodal transport solutions
 
Why Kenya is the Next Tech Capital: 2013 Sector Trends Online Social Mobile
Why Kenya is the Next Tech Capital: 2013 Sector Trends Online Social MobileWhy Kenya is the Next Tech Capital: 2013 Sector Trends Online Social Mobile
Why Kenya is the Next Tech Capital: 2013 Sector Trends Online Social Mobile
 
How to make a great Theory of Knowledge presentation
How to make a great Theory of Knowledge presentationHow to make a great Theory of Knowledge presentation
How to make a great Theory of Knowledge presentation
 

Ähnlich wie Rostow's 5 Stages of Economic Growth Model

Stages Of Economic Developlement
Stages Of Economic DeveloplementStages Of Economic Developlement
Stages Of Economic Developlementmayanktata
 
Development powerpoint part 1
Development powerpoint part 1Development powerpoint part 1
Development powerpoint part 1Dustin Blohm
 
Export-Oriented Industrialization (EOI): Arguments For and Against What Have ...
Export-Oriented Industrialization (EOI): Arguments For and Against What Have ...Export-Oriented Industrialization (EOI): Arguments For and Against What Have ...
Export-Oriented Industrialization (EOI): Arguments For and Against What Have ...Dr.Choen Krainara
 
Basic issues in economic development of India
Basic issues in economic development of IndiaBasic issues in economic development of India
Basic issues in economic development of IndiaCharu Sarin
 
Lesson-6-Phases-of-Economic-Growth.pptx
Lesson-6-Phases-of-Economic-Growth.pptxLesson-6-Phases-of-Economic-Growth.pptx
Lesson-6-Phases-of-Economic-Growth.pptxemailnglahat09
 
Preconditions of Economic Development
Preconditions of Economic DevelopmentPreconditions of Economic Development
Preconditions of Economic DevelopmentAhmad Zeeshan
 
2. Theories and Models of Development.pptx
2. Theories and Models of Development.pptx2. Theories and Models of Development.pptx
2. Theories and Models of Development.pptxMichael Bautista
 
Econ 101 on Economic Development
Econ 101 on Economic DevelopmentEcon 101 on Economic Development
Econ 101 on Economic DevelopmentMonte Christo
 
DEVELOPMENT STUDIES AND ETHICSDiploma and Certificate Programmes.docx
DEVELOPMENT STUDIES AND ETHICSDiploma and Certificate Programmes.docxDEVELOPMENT STUDIES AND ETHICSDiploma and Certificate Programmes.docx
DEVELOPMENT STUDIES AND ETHICSDiploma and Certificate Programmes.docxlynettearnold46882
 
OBJECTIVES OF ECONOMIC DEVELOPMENT.pptx
OBJECTIVES OF ECONOMIC DEVELOPMENT.pptxOBJECTIVES OF ECONOMIC DEVELOPMENT.pptx
OBJECTIVES OF ECONOMIC DEVELOPMENT.pptxshiva
 
Rostow Stages of Economic Growth
Rostow Stages of Economic GrowthRostow Stages of Economic Growth
Rostow Stages of Economic GrowthSarojiniR3
 
Rostow modernization model
Rostow modernization modelRostow modernization model
Rostow modernization modelAastha Pallav
 
Benefits developing country
Benefits developing countryBenefits developing country
Benefits developing countryrahul kapoliya
 
Basic Problem of an Economy
Basic Problem of an EconomyBasic Problem of an Economy
Basic Problem of an EconomyManish Purani
 

Ähnlich wie Rostow's 5 Stages of Economic Growth Model (20)

Stages Of Economic Developlement
Stages Of Economic DeveloplementStages Of Economic Developlement
Stages Of Economic Developlement
 
Development powerpoint part 1
Development powerpoint part 1Development powerpoint part 1
Development powerpoint part 1
 
Rostow s theory
Rostow s theoryRostow s theory
Rostow s theory
 
Export-Oriented Industrialization (EOI): Arguments For and Against What Have ...
Export-Oriented Industrialization (EOI): Arguments For and Against What Have ...Export-Oriented Industrialization (EOI): Arguments For and Against What Have ...
Export-Oriented Industrialization (EOI): Arguments For and Against What Have ...
 
Basic issues in economic development of India
Basic issues in economic development of IndiaBasic issues in economic development of India
Basic issues in economic development of India
 
GROWTH AND DEVELOPMENT.pptx
GROWTH AND DEVELOPMENT.pptxGROWTH AND DEVELOPMENT.pptx
GROWTH AND DEVELOPMENT.pptx
 
Lesson-6-Phases-of-Economic-Growth.pptx
Lesson-6-Phases-of-Economic-Growth.pptxLesson-6-Phases-of-Economic-Growth.pptx
Lesson-6-Phases-of-Economic-Growth.pptx
 
Preconditions of Economic Development
Preconditions of Economic DevelopmentPreconditions of Economic Development
Preconditions of Economic Development
 
MODULE 5.pptx
MODULE 5.pptxMODULE 5.pptx
MODULE 5.pptx
 
2. Theories and Models of Development.pptx
2. Theories and Models of Development.pptx2. Theories and Models of Development.pptx
2. Theories and Models of Development.pptx
 
Econ 101 on Economic Development
Econ 101 on Economic DevelopmentEcon 101 on Economic Development
Econ 101 on Economic Development
 
Rostow.pptx
Rostow.pptxRostow.pptx
Rostow.pptx
 
DEVELOPMENT STUDIES AND ETHICSDiploma and Certificate Programmes.docx
DEVELOPMENT STUDIES AND ETHICSDiploma and Certificate Programmes.docxDEVELOPMENT STUDIES AND ETHICSDiploma and Certificate Programmes.docx
DEVELOPMENT STUDIES AND ETHICSDiploma and Certificate Programmes.docx
 
OBJECTIVES OF ECONOMIC DEVELOPMENT.pptx
OBJECTIVES OF ECONOMIC DEVELOPMENT.pptxOBJECTIVES OF ECONOMIC DEVELOPMENT.pptx
OBJECTIVES OF ECONOMIC DEVELOPMENT.pptx
 
Neb development
Neb  developmentNeb  development
Neb development
 
Rostow Stages of Economic Growth
Rostow Stages of Economic GrowthRostow Stages of Economic Growth
Rostow Stages of Economic Growth
 
Rostow modernization model
Rostow modernization modelRostow modernization model
Rostow modernization model
 
Benefits developing country
Benefits developing countryBenefits developing country
Benefits developing country
 
Bussiness cycle
Bussiness cycle Bussiness cycle
Bussiness cycle
 
Basic Problem of an Economy
Basic Problem of an EconomyBasic Problem of an Economy
Basic Problem of an Economy
 

Mehr von Steven Heath

Layers of the earth's atmosphere
Layers of the earth's atmosphereLayers of the earth's atmosphere
Layers of the earth's atmosphereSteven Heath
 
What causes a flood?
What causes a flood?What causes a flood?
What causes a flood?Steven Heath
 
Rivers introduction
Rivers introduction Rivers introduction
Rivers introduction Steven Heath
 
Map Skills - Measuring Height and Gradient
Map Skills - Measuring Height and Gradient Map Skills - Measuring Height and Gradient
Map Skills - Measuring Height and Gradient Steven Heath
 
Field sketches and how to draw them
Field sketches and how to draw themField sketches and how to draw them
Field sketches and how to draw themSteven Heath
 
Scale and distance
Scale and distanceScale and distance
Scale and distanceSteven Heath
 
Introducing maps - Year 6
Introducing maps - Year 6Introducing maps - Year 6
Introducing maps - Year 6Steven Heath
 
Decision making Game on Thailand's Tourism
Decision making Game on Thailand's TourismDecision making Game on Thailand's Tourism
Decision making Game on Thailand's TourismSteven Heath
 
Thailand introduction
Thailand introduction Thailand introduction
Thailand introduction Steven Heath
 
Factors affecting climate
Factors affecting climateFactors affecting climate
Factors affecting climateSteven Heath
 
Weather and climate
Weather and climate Weather and climate
Weather and climate Steven Heath
 
Settlement Hierarchies and shopping
Settlement Hierarchies and shoppingSettlement Hierarchies and shopping
Settlement Hierarchies and shoppingSteven Heath
 
Tertiary industries: Where should banks put their headquarters?
Tertiary industries: Where should banks put their headquarters?Tertiary industries: Where should banks put their headquarters?
Tertiary industries: Where should banks put their headquarters?Steven Heath
 
How settlements have changed (Rural - Urban)
How settlements have changed (Rural - Urban)How settlements have changed (Rural - Urban)
How settlements have changed (Rural - Urban)Steven Heath
 
Settlement: Function and Layout
Settlement: Function and LayoutSettlement: Function and Layout
Settlement: Function and LayoutSteven Heath
 
What factors influence the location of factories?
What factors influence the location of factories?What factors influence the location of factories?
What factors influence the location of factories?Steven Heath
 
How did settlements start?
How did settlements start?How did settlements start?
How did settlements start?Steven Heath
 

Mehr von Steven Heath (20)

Layers of the earth's atmosphere
Layers of the earth's atmosphereLayers of the earth's atmosphere
Layers of the earth's atmosphere
 
What causes a flood?
What causes a flood?What causes a flood?
What causes a flood?
 
Rivers introduction
Rivers introduction Rivers introduction
Rivers introduction
 
Global tourism
Global tourismGlobal tourism
Global tourism
 
Map Skills - Measuring Height and Gradient
Map Skills - Measuring Height and Gradient Map Skills - Measuring Height and Gradient
Map Skills - Measuring Height and Gradient
 
Field sketches and how to draw them
Field sketches and how to draw themField sketches and how to draw them
Field sketches and how to draw them
 
Scale and distance
Scale and distanceScale and distance
Scale and distance
 
Introducing maps - Year 6
Introducing maps - Year 6Introducing maps - Year 6
Introducing maps - Year 6
 
Decision making Game on Thailand's Tourism
Decision making Game on Thailand's TourismDecision making Game on Thailand's Tourism
Decision making Game on Thailand's Tourism
 
Thailand introduction
Thailand introduction Thailand introduction
Thailand introduction
 
Types of Rainfall
Types of RainfallTypes of Rainfall
Types of Rainfall
 
Factors affecting climate
Factors affecting climateFactors affecting climate
Factors affecting climate
 
Weather and climate
Weather and climate Weather and climate
Weather and climate
 
Settlement Hierarchies and shopping
Settlement Hierarchies and shoppingSettlement Hierarchies and shopping
Settlement Hierarchies and shopping
 
Tertiary industries: Where should banks put their headquarters?
Tertiary industries: Where should banks put their headquarters?Tertiary industries: Where should banks put their headquarters?
Tertiary industries: Where should banks put their headquarters?
 
How settlements have changed (Rural - Urban)
How settlements have changed (Rural - Urban)How settlements have changed (Rural - Urban)
How settlements have changed (Rural - Urban)
 
Urban Land use
Urban Land useUrban Land use
Urban Land use
 
Settlement: Function and Layout
Settlement: Function and LayoutSettlement: Function and Layout
Settlement: Function and Layout
 
What factors influence the location of factories?
What factors influence the location of factories?What factors influence the location of factories?
What factors influence the location of factories?
 
How did settlements start?
How did settlements start?How did settlements start?
How did settlements start?
 

Kürzlich hochgeladen

Nutritional Needs Presentation - HLTH 104
Nutritional Needs Presentation - HLTH 104Nutritional Needs Presentation - HLTH 104
Nutritional Needs Presentation - HLTH 104misteraugie
 
Sanyam Choudhary Chemistry practical.pdf
Sanyam Choudhary Chemistry practical.pdfSanyam Choudhary Chemistry practical.pdf
Sanyam Choudhary Chemistry practical.pdfsanyamsingh5019
 
Z Score,T Score, Percential Rank and Box Plot Graph
Z Score,T Score, Percential Rank and Box Plot GraphZ Score,T Score, Percential Rank and Box Plot Graph
Z Score,T Score, Percential Rank and Box Plot GraphThiyagu K
 
Student login on Anyboli platform.helpin
Student login on Anyboli platform.helpinStudent login on Anyboli platform.helpin
Student login on Anyboli platform.helpinRaunakKeshri1
 
Paris 2024 Olympic Geographies - an activity
Paris 2024 Olympic Geographies - an activityParis 2024 Olympic Geographies - an activity
Paris 2024 Olympic Geographies - an activityGeoBlogs
 
Introduction to Nonprofit Accounting: The Basics
Introduction to Nonprofit Accounting: The BasicsIntroduction to Nonprofit Accounting: The Basics
Introduction to Nonprofit Accounting: The BasicsTechSoup
 
The Most Excellent Way | 1 Corinthians 13
The Most Excellent Way | 1 Corinthians 13The Most Excellent Way | 1 Corinthians 13
The Most Excellent Way | 1 Corinthians 13Steve Thomason
 
1029-Danh muc Sach Giao Khoa khoi 6.pdf
1029-Danh muc Sach Giao Khoa khoi  6.pdf1029-Danh muc Sach Giao Khoa khoi  6.pdf
1029-Danh muc Sach Giao Khoa khoi 6.pdfQucHHunhnh
 
A Critique of the Proposed National Education Policy Reform
A Critique of the Proposed National Education Policy ReformA Critique of the Proposed National Education Policy Reform
A Critique of the Proposed National Education Policy ReformChameera Dedduwage
 
Interactive Powerpoint_How to Master effective communication
Interactive Powerpoint_How to Master effective communicationInteractive Powerpoint_How to Master effective communication
Interactive Powerpoint_How to Master effective communicationnomboosow
 
The basics of sentences session 2pptx copy.pptx
The basics of sentences session 2pptx copy.pptxThe basics of sentences session 2pptx copy.pptx
The basics of sentences session 2pptx copy.pptxheathfieldcps1
 
9548086042 for call girls in Indira Nagar with room service
9548086042  for call girls in Indira Nagar  with room service9548086042  for call girls in Indira Nagar  with room service
9548086042 for call girls in Indira Nagar with room servicediscovermytutordmt
 
1029 - Danh muc Sach Giao Khoa 10 . pdf
1029 -  Danh muc Sach Giao Khoa 10 . pdf1029 -  Danh muc Sach Giao Khoa 10 . pdf
1029 - Danh muc Sach Giao Khoa 10 . pdfQucHHunhnh
 
SOCIAL AND HISTORICAL CONTEXT - LFTVD.pptx
SOCIAL AND HISTORICAL CONTEXT - LFTVD.pptxSOCIAL AND HISTORICAL CONTEXT - LFTVD.pptx
SOCIAL AND HISTORICAL CONTEXT - LFTVD.pptxiammrhaywood
 
Q4-W6-Restating Informational Text Grade 3
Q4-W6-Restating Informational Text Grade 3Q4-W6-Restating Informational Text Grade 3
Q4-W6-Restating Informational Text Grade 3JemimahLaneBuaron
 
Beyond the EU: DORA and NIS 2 Directive's Global Impact
Beyond the EU: DORA and NIS 2 Directive's Global ImpactBeyond the EU: DORA and NIS 2 Directive's Global Impact
Beyond the EU: DORA and NIS 2 Directive's Global ImpactPECB
 
The byproduct of sericulture in different industries.pptx
The byproduct of sericulture in different industries.pptxThe byproduct of sericulture in different industries.pptx
The byproduct of sericulture in different industries.pptxShobhayan Kirtania
 
Organic Name Reactions for the students and aspirants of Chemistry12th.pptx
Organic Name Reactions  for the students and aspirants of Chemistry12th.pptxOrganic Name Reactions  for the students and aspirants of Chemistry12th.pptx
Organic Name Reactions for the students and aspirants of Chemistry12th.pptxVS Mahajan Coaching Centre
 
Accessible design: Minimum effort, maximum impact
Accessible design: Minimum effort, maximum impactAccessible design: Minimum effort, maximum impact
Accessible design: Minimum effort, maximum impactdawncurless
 

Kürzlich hochgeladen (20)

Nutritional Needs Presentation - HLTH 104
Nutritional Needs Presentation - HLTH 104Nutritional Needs Presentation - HLTH 104
Nutritional Needs Presentation - HLTH 104
 
Sanyam Choudhary Chemistry practical.pdf
Sanyam Choudhary Chemistry practical.pdfSanyam Choudhary Chemistry practical.pdf
Sanyam Choudhary Chemistry practical.pdf
 
Z Score,T Score, Percential Rank and Box Plot Graph
Z Score,T Score, Percential Rank and Box Plot GraphZ Score,T Score, Percential Rank and Box Plot Graph
Z Score,T Score, Percential Rank and Box Plot Graph
 
Student login on Anyboli platform.helpin
Student login on Anyboli platform.helpinStudent login on Anyboli platform.helpin
Student login on Anyboli platform.helpin
 
Paris 2024 Olympic Geographies - an activity
Paris 2024 Olympic Geographies - an activityParis 2024 Olympic Geographies - an activity
Paris 2024 Olympic Geographies - an activity
 
Introduction to Nonprofit Accounting: The Basics
Introduction to Nonprofit Accounting: The BasicsIntroduction to Nonprofit Accounting: The Basics
Introduction to Nonprofit Accounting: The Basics
 
The Most Excellent Way | 1 Corinthians 13
The Most Excellent Way | 1 Corinthians 13The Most Excellent Way | 1 Corinthians 13
The Most Excellent Way | 1 Corinthians 13
 
1029-Danh muc Sach Giao Khoa khoi 6.pdf
1029-Danh muc Sach Giao Khoa khoi  6.pdf1029-Danh muc Sach Giao Khoa khoi  6.pdf
1029-Danh muc Sach Giao Khoa khoi 6.pdf
 
A Critique of the Proposed National Education Policy Reform
A Critique of the Proposed National Education Policy ReformA Critique of the Proposed National Education Policy Reform
A Critique of the Proposed National Education Policy Reform
 
Interactive Powerpoint_How to Master effective communication
Interactive Powerpoint_How to Master effective communicationInteractive Powerpoint_How to Master effective communication
Interactive Powerpoint_How to Master effective communication
 
The basics of sentences session 2pptx copy.pptx
The basics of sentences session 2pptx copy.pptxThe basics of sentences session 2pptx copy.pptx
The basics of sentences session 2pptx copy.pptx
 
9548086042 for call girls in Indira Nagar with room service
9548086042  for call girls in Indira Nagar  with room service9548086042  for call girls in Indira Nagar  with room service
9548086042 for call girls in Indira Nagar with room service
 
Advance Mobile Application Development class 07
Advance Mobile Application Development class 07Advance Mobile Application Development class 07
Advance Mobile Application Development class 07
 
1029 - Danh muc Sach Giao Khoa 10 . pdf
1029 -  Danh muc Sach Giao Khoa 10 . pdf1029 -  Danh muc Sach Giao Khoa 10 . pdf
1029 - Danh muc Sach Giao Khoa 10 . pdf
 
SOCIAL AND HISTORICAL CONTEXT - LFTVD.pptx
SOCIAL AND HISTORICAL CONTEXT - LFTVD.pptxSOCIAL AND HISTORICAL CONTEXT - LFTVD.pptx
SOCIAL AND HISTORICAL CONTEXT - LFTVD.pptx
 
Q4-W6-Restating Informational Text Grade 3
Q4-W6-Restating Informational Text Grade 3Q4-W6-Restating Informational Text Grade 3
Q4-W6-Restating Informational Text Grade 3
 
Beyond the EU: DORA and NIS 2 Directive's Global Impact
Beyond the EU: DORA and NIS 2 Directive's Global ImpactBeyond the EU: DORA and NIS 2 Directive's Global Impact
Beyond the EU: DORA and NIS 2 Directive's Global Impact
 
The byproduct of sericulture in different industries.pptx
The byproduct of sericulture in different industries.pptxThe byproduct of sericulture in different industries.pptx
The byproduct of sericulture in different industries.pptx
 
Organic Name Reactions for the students and aspirants of Chemistry12th.pptx
Organic Name Reactions  for the students and aspirants of Chemistry12th.pptxOrganic Name Reactions  for the students and aspirants of Chemistry12th.pptx
Organic Name Reactions for the students and aspirants of Chemistry12th.pptx
 
Accessible design: Minimum effort, maximum impact
Accessible design: Minimum effort, maximum impactAccessible design: Minimum effort, maximum impact
Accessible design: Minimum effort, maximum impact
 

Rostow's 5 Stages of Economic Growth Model

  • 2. What is it? ✱ A model of economic growth suggesting that all countries pass through a series of stages of development as their economies grow.
  • 3. A series of 5 stages
  • 4. STAGE 1: Traditional Society ✱ Dominated by subsistence agriculture ✱ agricultural based economy ✱ Intensive labor and low levels of trading ✱ Having a population that has no scientific perspective on the world and technology
  • 5. STAGE 2: Preconditions to take- off ✱ Society begins to develop manufacturing ✱ country advances to a more complex economy, beginning of economy development ✱ levels of technology develop ✱ development of a transport system- TRADE. ✱ Rostow believed: could only be reached by a great achievement of a surplus of wealth
  • 6. STAGE 3: TAKE- OFF ✱ Short period of extensive growth. ✱ Industrialization begins. Manufacturing more important part of economy ✱ Introductions to technical innovations– economic rise ✱ Agriculture progressed to commercial rather than subsistence
  • 7. STAGE 4: The drive to Maturity ✱ Takes place over a long period of time – standards of living rise ✱ Use of technology increases ✱ National economy grows and diversifies ✱ Increased percentage of Nation’s wealth- invested into developing its economy
  • 8. STAGE 5: High Mass Consumption ✱ Individual incomes are greater than necessary for buying essentials ✱ growing demand for additional consumer goods and services ✱ Improved health care systems and education ✱ Economy flourishes
  • 9. DISADVANTAGES- Criticism ✱ Has a strong bias towards a western model of modernization ✱ Assumes that all countries follow the same route of development ✱ Doesn’t look at variations within a country ✱ Assumes that each country is economically and politically free
  • 10. ADVANTAGES ✱ Highly respected and referred to model ✱ Primary example of the “intersection of Geography, economics and politics” ✱ Most widely cited development theories