Presentation topic :
ROSTOW STAGES OF GROWTH
Presenters : Fareeda khan Sajida parveen Mehwish shehzad Rubina
PRESENTATION FLOW
INTRODUCTION
LINEAR STAGES OF GROWTH MODEL DIAGRAMMATICALLY
FIVE STAGES OF GROWTH FOR DEVELOPMENT
CONCLUSION
QUESTIONS ?
INTRODUCTION
• How do countries develop?• If we can understand how
development occurs, • strategies can be adopted to
help countries to• develop• Number of approaches
ROSTOW FIRST STAGE OF GROWTH
1.Traditional Society Characterised by
subsistence economy – output not traded or recorded
existence of barter
high levels of agriculture and labour intensive agriculture
ROSTOW 2nd STAGE OF GROWTH
Pre-conditions: Development of mining industries Agricultural sector is more commercialised,
Increase in capital use in agriculture Some growth in savings and investment
Rostow 3rd STAGE OF GROWTH
3. Take off: Increasing industrialisation Further growth in savings and investment Some regional growth Number employed in agriculture declines
ROSTOW 4th STAGE OF GROWTH
4. Drive to Maturity: Growth becomes self-sustaining –
Urbanisation increases
Industry more diversified
Increase in levels of technology utilised
ROSTOW 5th STAGE OF GROWTH
5. High mass consumption High output levels Mass consumption of consumer durables High proportion of employment in service sector
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