COOL Geography rostows model (jas, wei, alex)

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A cool presentation of Rostow's model of development.

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  • When the levels of technology within a country develop and the development of a transport system encourages trade.
  • COOL Geography rostows model (jas, wei, alex)

    1. 1. Rostow’sStages ofDevelopmentBy:Jasmine, Wei-hao, Alex
    2. 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. 3. A series of 5 stages
    4. 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. 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. 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. 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. 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. 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. 10. ADVANTAGES Highly respected and referred to model Primary example of the “intersection of Geography, economics and politics” Most widely cited development theories
    11. 11. BIBLIOGRAPHY http://worldissues2011.wikispaces.com/Stages+o f+Economic+Development http://wiki.answers.com/Q/Describe_and_critical ly_analyze_Rostows_theory_of_growth http://www.thestudentroom.co.uk/wiki/Revision: Models_of_Development

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