Rostow's Development Model Notes
Rostow's Development Model
Traditional Society
Description:
Not yet starting the process of development.
High percentage of people in agriculture.
Money directed towards non-development activities (e.g., military, religion).
Characterized by a primary sector-dominated economy.
Underdeveloped; low HDI (Human Development Index), low life expectancy, limited education.
Country Example: Sudan
US Time Period: Before 1776
Impetus for Change:
Be more open to change.
Consider incident to change (potential catalysts).
Barriers to Change:
Closed-mindedness.
Resistance to change.
Potential to remain stagnant and not progress.
Preconditions for Take-Off
Description:
Moving more out of agriculture.
Investment in technology and infrastructure.
Stimulation of increased productivity.
Transitioning from primary to secondary sectors (with some tertiary).
Country Examples: Colombia, Venezuela
US Time Period: Early 1800s
Impetus for Change:
Patience to grow.
Remaining open to new things.
Need for people to invest.
Barriers to Change:
Potential for bad investments.
Take-Off
Description:
Rapid growth which may be limited by a set of economic activities.
Achieving technical advances.
Becoming more productive.
Industrialization and specialization begin.
Country Examples: India, Brazil, China
US Time Period: Mid 1800s
Impetus for Change:
Thinking less traditionally when it comes to economics.
Adapting to modernization.
Barriers to Change:
Dependent
Inequality
Drive to Maturity
Description:
Modern technology diffuses to other segments of the economy.
Industry experiences rapid growth.
Workers become more skilled and specialized.
Characterized by a dominant tertiary sector.
Country Examples: Poland, Egypt
US Time Period: Late 1800s
Impetus for Change:
Patience to grow more if desired.
Barriers to Change:
If workers become more educated, no one will want to do the low-paying jobs.
Potential for de-industrialization due to lack of labor for less desirable jobs.
High Mass Consumption
Description:
Economy shifts from the production of heavy industry to consumer goods (e.g., cars, refrigerators).
High amounts of consumerism.
Diverse economy.
Country Example: Australia
US Time Period: Early 1900s