Rostow’s Stages of Growth

Rostow’s Stages of Growth 

Define: Rostow's Stages of Growth describe the stages of economic growth within a community. The five stages are: traditional society (things as they are), pre-conditions for take-off, take-off, the drive to maturity, the age of high mass consumption.

Source: web.uvic.ca/~ramanik/320s/chapter4.pp

Apply: These stages can be representative of growth within a single community, and can be useful for a community that is planning the stages of how they will move forward with developing an under-developed or impoverished sector or geographic area of the community.

Adapt: These stages of growth can be considered when looking at the growth of developing countries. While I disagree that the stages of economic growth are as linear and simple as Rostow suggests, this does provide a basic layout for how a developing country or smaller geographical area can grow economically.