AP HUG Unit 7- theories of development
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17 Terms
what are the stages of development?
Rostows stages of economic growth
Wallerstains wold system theory
Brandt line
what is rostows stages of economic growth?
1) traditional society
2) pre conditions to take off
3) take off
4) drive to maturity
5) high mass consumption
what does traditional society contain?
limited technology and static society transitions to next level by influence, interests, and markets
What does preconditions to take off contain?
commercial, exploration of agriculture and extractive industry, transitions to next level by installation of physical infrastructure (roads, railways, etc) and emergence of social/ political elite
what does take off contain?
development of manufacturing sector, transitions to next level by investment in manufacturing exceeds 10 percent of national income
what does drive to maturity contain?
development of wider industrial and commercial base, transitions to next stage through exploration of comparative advantages in international trade
Critism to Rostow based on industrialization
false assumes countries value ideals community or wealth
Critism to Rostow based scale
stages of growth not uniform across one country
Critism to Rostow based on lines progress
not all countries will progress through model in order
Critism to Rostow based on globalization
doesn’t take account on how countries are connected
Critism to Rostow based on potential development
major differences on landforms between countries
Critism to Rostow based on sustainability
highest level of “modernization” is consumption
Critism to Rostow based on legacy of colonialism
doesn’t factor impact of centuries of colonialism on LDC
Wallersteins World system Theory
legacy of colonialism competition between core countries for trade and colonies, and military strength chacterisizes wallerstein
Brandt Line
spatial analysis of devlopment, operates the wealthier “global north” from the power “global south”
Webers least cost theory
minimizes transportation and labor cost and maximizes agglomeration economies
what are the three factors to webers least cost theory?
location of raw materials
location of market
transportation cost