7.5 Theories of Development 2020

Each stages of economic growth has unique characteristics. During the Pre-Conditions for Take-off who creates this change in a country?

• multi-national corporations

• elites

• subsistence farmers

• more developed countries

• consumer economist

Which is NOT a criticism of the Rostow’s stages of economic growth?

• all countries will go through all the stages at same speed

• the model encouraged exploitation of LDCs

• the model was based on the USA and Europe countries

• the model suggest a linear in approach yet countries can regress due to pandemics

• ignores the size, resources, relative location, political systems and climates of a country.

According to Rostow’s theory of Modernization, less developed countries can improve their economies by

• experimenting with socialism in order to narrow the gap between the rich and the poor

• strengthening traditions, especially those that are family-based

• forbidding more developed countries from exploiting their resources

• nationalizing their major industries

• following the path taken by industrial nations

When comparing Rostow to the Demographic Transition Model, one consequence of the drive to maturity is a(n)

• re-emphasis of traditional values

• unwillingness to experiment with producing goods for profit

• shift in emphasis to primary sector activities

• narrowing of the gap between the rich and the poor

• slowing in the rate of population growth

According to Wallerstein model, the world economy benefits rich societies and harms other countries. Many of these peripheral countries are

• isolated and can block foreign investments

• take advantage of their high-tech industries that bring wealth to their citizens

• export-commodity dependent countries that focus on one industry

• locations of headquarters for multi-national corporations

• squandering their wealth and monopolizing the core countries

_________ stated - "Countries do not exist in isolation but are part of an intertwined world system in which all countries are dependent on each other."

• Rostow

• Wallerstein

• Spykman

• Weber

• Mackinder

Wallerstein’s World System Theory divides countries of the world into three groups based on all of the following EXCEPT

• political power

• technological development

• social standing

• economic development

• population

Wallerstein’s model provides a framework for analyzing where sector workers in new international division of labor live and work. The semi peripheral countries are home to

• primary sectors that extract raw materials

• many workers in secondary (t-shirt sewing factory)and tertiary sectors (telemarketers)

• mostly quinary workers (hospitality)

• information-based services and intellectual industries.

• non-governmental organizations and private charities.

Based upon Wallerstein’s World System Theory, which of the following countries best fits the description of a peripheral country?

• Brazil

• Mali

• Japan

• Germany

• China

The best example of a country that has reached the Take-Off stage in Rostow's model is

• Russia

• Nigeria

• United States

• Brazil

• Japan