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Presentation topic : Presenters : Fareeda khan Sajida parveen Mehwish shehzad Rubina.

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Presentation on theme: "Presentation topic : Presenters : Fareeda khan Sajida parveen Mehwish shehzad Rubina."— Presentation transcript:

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2 Presentation topic :

3 Presenters : Fareeda khan Sajida parveen Mehwish shehzad Rubina

4 PRESENTATION FLOW  INTRODUCTION  LINEAR STAGES OF GROWTH MODEL DIAGRAMMATICALLY  FIVE STAGES OF GROWTH FOR DEVELOPMENT  CONCLUSION  QUESTIONS ?

5 INTRODUCTION How do countries develop? If we can understand how development occurs, strategies can be adopted to help countries to develop Number of approaches

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7 ROSTOW FIRST STAGE OF GROWTH 1. Traditional Society  Characterised by  subsistence economy – output not traded or recorded  existence of barter  high levels of agriculture and labour intensive agriculture

8 ROSTOW 2 nd STAGE OF GROWTH Pre-conditions:  Development of mining industries  Agricultural sector is more commercialised, Increase in capital use in agriculture  Some growth in savings and investment

9 Rostow 3 rd STAGE OF GROWTH 3. Take off:  Increasing industrialisation  Further growth in savings and investment  Some regional growth  Number employed in agriculture declines

10 ROSTOW 4 th STAGE OF GROWTH 4. Drive to Maturity:  Growth becomes self-sustaining –  Urbanisation increases  Industry more diversified  Increase in levels of technology utilised

11 ROSTOW 5 th STAGE OF GROWTH 5. High mass consumption  High output levels  Mass consumption of consumer durables  High proportion of employment in service sector

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