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rostow s model of development history of the rostow model one of the first models to account for economic growth and probably still the simplest was put forward by w ...

icon picture PDF Filetype PDF | Posted on 12 Oct 2022 | 3 years ago
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    ROSTOW’S MODEL OF DEVELOPMENT 
         History of The Rostow 
             Model 
     One  of  the  first  models  to  account  for 
   economic  growth,  and  probably  still  the 
   simplest was put forward by W.W.Rostow in 
   1960.  
     He  suggested  that  all  the  countries  in  his 
   study had the potential to break the cycle of 
   poverty  and  develop  through  five  linear 
   stages. 
  A model of economic growth suggesting that all 
  countries pass through a series of stages of 
  development as their economies grow. 
                                          The Stages of Economic 
                                                     Development 
           This  is  a  linear  theory  of  development. 
           Economies  can  be  divided  into  primary 
           secondary and tertiary sectors. The history of 
           developed  countries  suggests  a  common 
           pattern of structural change: 
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...Rostow s model of development history the one first models to account for economic growth and probably still simplest was put forward by w in he suggested that all countries his study had potential break cycle poverty develop through five linear stages a suggesting pass series as their economies grow this is theory can be divided into primary secondary tertiary sectors developed suggests common pattern structural change...

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