The fourth stage of Rostow's stages of economic development is __________ and is accompanied by a high standard of living.
A) technological maturity stage
B) traditional stage
C) high mass consumption stage
D) take-off stage

Question

The fourth stage of Rostow's stages of economic development is __________ and is accompanied by a high standard of living.
A) ​technological maturity stage
B) ​traditional stage
C) ​high mass consumption stage
D) ​take-off stage

Quizplus · Accepted Answer

The fourth stage of Rostow's stages of economic development is the high mass consumption stage. This stage is characterized by advanced technological development and a high standard of living. It is also known as the consumer society stage or the age of affluence. Countries in this stage have a wide range of consumer goods and services available to them, and their citizens have high levels of disposable income. Examples of countries in this stage include the United States, Canada, and Japan.

The Fourth Stage of Rostow's Stages of Economic Development Is