Elaborate and provide example on Walt Rostow's four stages of modernization
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Using these ideas, Rostow penned his classic Stages of Economic Growth in 1960, which presented five steps through which all countries must pãss to become developed: 1) traditional society, 2) preconditions to take-off, 3) take-off, 4) drive to maturity and 5) age of high mass consumption.
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Using these ideas, Rostow penned his classic Stages of Economic Growth in 1960, which presented five steps through which all countries must pãss to become developed: 1) traditional society, 2) preconditions to take-off, 3) take-off, 4) drive to maturity and 5) age of high mass consumption.
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