Walter Rostow proposed the modernization theory in which he suggested that economic growth occurs in five consecutive stages. Which is the first stage?
A) Traditional society
B) Preconditions to take-off
C) The drive to maturity
D) Pre-industrial society

Question

Quizplus · Accepted Answer

The first stage in Rostow's modernization theory is traditional society, in which the economy is primarily based on subsistence agriculture and production is mainly for the satisfaction of local needs.

Walter Rostow Proposed the Modernization Theory in Which He Suggested