Quiz on Theories of Development

What is the main focus of a traditional society according to Rostow's model?

• Primary production like agriculture

• Industrialization

• Technological innovation

• Service-based economy

Which stage in Rostow's model involves significant investment in infrastructure?

• Traditional Society

• High Mass Consumption

• Preconditions to Takeoff

• Takeoff

During which stage does a country experience rapid industrialization according to Rostow?

• Traditional Society

• Preconditions to Takeoff

• Takeoff

• Drive to Maturity

What characterizes the 'Drive to Maturity' stage in Rostow's model?

• Focus on primary production

• Rapid industrialization

• A more skilled and knowledge-based economy

• High levels of consumer goods demand

In the 'High Mass Consumption' stage, what becomes the largest contributor to GDP?

• Agriculture

• Manufacturing

• Service sector

• Mining

Which country is an example of the 'Takeoff' stage in Rostow's model?

• United States in the 19th century

• Rural areas in developing countries

• Japan post-World War II

• South Korea in the mid-20th century

What does Wallerstein's World Systems Theory divide the global economy into?

• Core, periphery, and semi-periphery

• Developed and developing countries

• Industrial and agricultural sectors

• Rich and poor nations

According to Wallerstein, which countries dominate the global economy?

• Core countries

• Periphery countries

• Semi-periphery countries

• Developing countries

Which of the following is a characteristic of periphery countries in Wallerstein's theory?

• High levels of industrialization

• Dominant in global finance

• Dependent on raw material exports

• High technological advancement

What is a criticism of Wallerstein's World Systems Theory?

• It focuses too much on individual countries

• It ignores the role of technology

• It does not consider historical context

• It oversimplifies the global economy