grc112105
Answered

Welcome to Westonci.ca, your go-to destination for finding answers to all your questions. Join our expert community today! Discover the answers you need from a community of experts ready to help you with their knowledge and experience in various fields. Our platform offers a seamless experience for finding reliable answers from a network of knowledgeable professionals.

How do models of economic development explain different levels of development?

Sagot :

Answer:

In 1960, Rostow published his classic Stages of Economic Growth, which outlined five phases that all countries would go through to become developed: 1) conservative culture, 2) take-off preconditions, 3) take-off, 4) maturity push, and 5) high-mass-consumption age. There is no precise term for the stages of economic development, unlike the stages of economic growth (which were suggested in 1960 by economist Walt Rostow as five specific stages: conventional society, preconditions for take-off, take-off, drive to maturity, and age of high mass consumption).

Explanation:

Hope this helps!

Please mark me as Brainlinest.

Thanks for using our service. We aim to provide the most accurate answers for all your queries. Visit us again for more insights. Thanks for using our platform. We aim to provide accurate and up-to-date answers to all your queries. Come back soon. Thank you for visiting Westonci.ca, your go-to source for reliable answers. Come back soon for more expert insights.