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A flowchart that explains the Rostow Model, which is a model that represents the relationship between the traditional society based on subsistence farming, fishing, forestry, and mining. The flowchart is divided into four sections, each representing a different aspect of the model. The first section is titled "Pre-conditions for take-off - Building infrastructure that is needed before development can take place, e.g. transportation network, money from farming power supplies, and communication." The second section is labeled "Introduction and rapid growth" and is followed by "Industrial revolution of manufacturing industries, better infrastructure, financial investment, and culture change." The third section is labelled "Drive to maturity - New ideas and technology improve and replace older industries, economic growth spreads throughout the country". The fourth section is called "High Mass Consumption - People have more wealth and so buy services and goods (consumer society), welfare systems are fully developed, trade expands." Overall, the flowchart shows that the model is designed to help people understand the concept of high mass consumption and how it can be used to improve and improve their economy.
Rostow's Stages Of Growth Development Theory Economic Development Modernization Theory Economics PNG
. The resolution of this PNG file is 1337 x 713 pixels and it has a file size of 34.58 KB.A flowchart that explains the Rostow Model, which is a model that represents the relationship between the traditional society based on subsistence farming, fishing, forestry, and mining. The flowchart is divided into four sections, each representing a different aspect of the model. The first section is titled "Pre-conditions for take-off - Building infrastructure that is needed before development can take place, e.g. transportation network, money from farming power supplies, and communication." The second section is labeled "Introduction and rapid growth" and is followed by "Industrial revolution of manufacturing industries, better infrastructure, financial investment, and culture change." The third section is labelled "Drive to maturity - New ideas and technology improve and replace older industries, economic growth spreads throughout the country". The fourth section is called "High Mass Consumption - People have more wealth and so buy services and goods (consumer society), welfare systems are fully developed, trade expands." Overall, the flowchart shows that the model is designed to help people understand the concept of high mass consumption and how it can be used to improve and improve their economy.
Rostow's Stages Of Growth Development Theory Economic Development Modernization Theory Economics PNG
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