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Difficulty: MediumDevelopment Planning Strategies and Models

Arrange the following stages of W.W. Rostow's economic growth model in their correct sequential order, starting from the earliest historical stage to the most advanced stage.

  1. 1The Traditional Society
  2. 2The Pre-conditions for Take-off
  3. 3The Take-off
  4. 4The Drive to Maturity
  5. 5The Age of High Mass Consumption

Answer

The correct sequence of Rostow's stages of economic growth from earliest to most advanced is: The Traditional Society, The Pre-conditions for Take-off, The Take-off, The Drive to Maturity, and The Age of High Mass Consumption.
W.W. Rostow's historical model of economic growth posits that societies progress through five distinct economic stages in sequential order: starting with The Traditional Society (primitive/subsistence), moving into The Pre-conditions for Take-off (infrastructure building), transitioning through The Take-off (rapid growth and investment focus), continuing through The Drive to Maturity (broad technological spread), and reaching ultimate maturity in The Age of High Mass Consumption (high per capita income and mass consumer goods).

Step-by-Step Solution

1
Identify the base stage characterized by low productivity and agricultural focus
The Traditional Society is identified as position 1.
Economic development begins from a baseline of traditional, technology-limited societal production.
2
Determine the transitional preparation phase
The Pre-conditions for Take-off is identified as position 2.
An economy must establish infrastructure and agricultural surpluses before rapid industrialization can occur.
3
Locate the structural breakthrough phase
The Take-off is identified as position 3.
This phase represents the short period of intensive growth where leading economic sectors transform society.
4
Identify the period of economic diversification and technological diffusion
The Drive to Maturity is identified as position 4.
Following initial growth, modern techniques spread throughout all economic branches over several decades.
5
Pinpoint the final high-income, consumer-oriented phase
The Age of High Mass Consumption is identified as position 5.
Economies culminate in widespread consumer welfare, durable goods consumption, and expanded service sectors.

Key Concept

Rostow's Stages of Economic Growth Model
Estimated Time:1m 0s
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Topics

Development Planning Strategies and Models

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