Question

Identify the country which was the first to move to the stage of high mass consumption​

Answer 1

The first country which was moved to the stage of high mass consumption is USA . some of the facts regarding it are mentioned below:

- Beyond food,shelter and clothing to articles of luxuries and comforts the consumption basket increases for the people leaving in the stage if development per countries income capita to a high level.

- The living styles of people changes in accordance to more consumption of luxuries of the economic value with progressive urbanization and industrialization.

- A number of new types of industries that satisfies the more consumption wants producting durable consumer products comes into existence.

- These new types of industries becomes a new leading sector producing goods of economic growth .

Answer 2

USA is the country which was the first to move to the stage of high mass consumption​.

Explanation:

• Walter William Rostow give his stage of economic growth through which all countries of the world move in a fairly manner. His theory was published in 1960.

• The model states five different stages of a nation in terms of development such as traditional stage, preconditions for take off, take off, drive to maturity and age of high mass consumption.

• His model was in comparison to the backwardness model of alexander. In the age of high mass consumption the industrial base dominates the economy, there is widespread use of high values consumer goods and services.

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