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Multiple Choice Questions

How many stages of economic growth were defined and analysed by Rostow which all economies are suppo...........

Economic and social issues (RBI) Growth and development

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How many stages of economic growth were defined and analysed by Rostow which all

economies are supposed to pass through in the course of their development?

Seven

Five

Four

Three

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Explanation:

Using these ideas, Rostow penned his classic Stages of Economic Growth in 1960, which presented five steps through which all countries must pass to become developed: 1) traditional society, 2) preconditions to take-off, 3) take-off, 4) drive to maturity and 5) age of high mass consumption.

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