User Account

All Pages

Five stages of economic growth

Assignment Help Business Management
Reference no: EM132313366

Review Rostow's five stages of economic growth and categorize the following countries: Spain, U.S.A., Uganda, Brazil, and China. W. W. Rostow based his theory on the three economic sectors: primary, secondary, and tertiary. The globalization of nations reflects where a nation is in the development pattern. His theory includes the following levels:

  • Traditional society - primary a subsistence economy in which agriculture is the most important industry; little trade beyond borders because production is consumed by producers.
  • Transitional stage - surplus of production and emerging transportation system; opportunities for trade develop.
  • Take off - initiation of industrialization with increased in manufacturing; focus on a few industries; social and political institutions developed to support industrialization
  • Drive to maturity - growth increasing; innovation developing
  • High mass consumption

What conditions must exist for the above countries move from one stage to another? Do countries regress through the levels? What would cause a country to regress?

Reference no: EM132313366

Questions Cloud

Considering age and asset allocation : How would a 24-year- old choose an investment, considering age and asset allocation? What about a 60- year-old? Does risk tolerance decrease with age? Explain.
Explain how and why a system of freely fluctuating prices : Explain how and why a system of freely fluctuating prices works to coordinate economic activity among millions of people through
Determine the present worth of the savings : Using an interest rate of 15% per year, determine the present worth of the savings due to the reconfiguration.
What do you think of wall street : a) What do you think of Wall Street? Do we need Wall Street? Why or Why not?
Five stages of economic growth : Review Rostow's five stages of economic growth and categorize the following countries: Spain, U.S.A., Uganda, Brazil, and China. W. W. Rostow
About culture fear history and how fear affect us socially : Write one body paragraphs about culture fear history. Write couple body paragraphs about how fear affect us individually and how fear affect us socially
Strategies to save and invest in my future more : I am working on coming up with strategies to save and invest in my future more.
Pricing strategies for an oligopoly : What are major pricing and non-pricing strategies for an oligopoly?
Overcoming future resource scarcity : Do you agree or disagree, and why, with Chelsea Follett about overcoming future resource scarcity?

Reviews

Write a Review

Business Management Questions & Answers

  Transformational vs transactional leadership theories

After reading "Transformational vs. Transactional Leadership Theories: Evidence in Literature," select either transformationAfter real or transactional theory.

  Regulations that require a specific technology

Explain why a tax on pollution caused by auto emissions may be economically superior to regulations that require a specific technology

  Goals for successful completion of the course

Describe your vision and goals for successful completion of the course. What is your vision and mission for long term success?

  What is the rotational speed of the disk

Can anyone help me understand these calculations? I need a step by step guide to how to calculate rotational speed and transfer time. Here is the question:

  Identify the eight supply chain processes

Assume you had job offers from two industries that differed only in explain how often they produced CEOs. Would this difference affect your decision?

  Illustrate what can businesses do to prevent unexpected

Illustrate what can businesses do to prevent unexpected roblems in dealing with sociocultural, economic and finanacial, legal and regulatory, and physical and environmental forces in global market?

  Escalation of commitmentdiscuss a time when you were

escalation of commitmentdiscuss a time when you were involved either as an individual or as part of a group in a

  Expectancy theory and motivation

Expectancy Theory and Motivation - If your followers know they can perform required tasks and believe they will be rewarded for a good job but don't care for the rewards you can provide

  Contrast transformational management

Contrast transformational management with the boss (the guy with the twin points of hair) in Dilbert. How do the other Dilbert characters react to the boss? What should the boss do differently to gain their support? (A much harder question is, "Wh..

  Evaluate this statement and provide specific support

it is likely that the United States and Britain, among others, will experience a smaller share of world output and international exports. Evaluate this statement and provide specific support for your position.

  Traditional-contemporary and emerging leadership theories

Examine traditional, contemporary, and emerging leadership theories and interpersonal forms of power. Create a profile of the ideal leader for the company you researched in which you describe the most appropriate leadership characteristics in term..

  Randomized experimental evaluation of a social program

Include in your proposal a description of the program and its intended outcomes. Discuss the strengths and weaknesses of your proposed design.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd