Rostow's Stages of Economic Growth

According to Rostow, which stage is characterized by subsistence agriculture, intensive labor, low trade, and limited scientific outlook? A. Preconditions to Take-off

• Drive to Maturity

• Traditional Society

• Take-off

• Age of High Mass Consumpt

• Preconditions to Take-off

Which stage involves rising standards of living, increased use of technology, and diversification of the national economy?

• Traditional Society

• Preconditions to Take-off

• Take-off

• Drive to Maturity

• Age of High Mass Consumption

Rostow’s model assumes that:

• All countries will follow the same path of development modeled on Western experience

• Development is purely determined by geography and climate

• Cultural traditions completely prevent industrialization

• Only socialist systems can achieve advanced development

• Technological change is irrelevant to economic growth

• Age of High Mass Consumption: At the time of writing, Rostow believed that Western countries, most notably the United States, occupied this last "​ (a)   " stage. Here, a country's economy flourishes in a ​ (b)   system, characterized by mass production and ​ (c)   .

...Stages of Economic Growth was published in 1960, at the height of the Cold War, and with the subtitle "A ​ (a)   Manifesto," it was overtly political. Rostow was fiercely anti-communist and ​ (b)   ; he modeled his theory after western capitalist countries, which had ​ (c)   and urbanized. As a staff member in President John F. Kennedy's administration

USE THE IMAGE (PAGE 406) Describe the causes of oil prices in history