Rostow's stages of economic growth model is one of the major historical models of economic growth. It was published by American economist Walt Whitman Rostow in 1960. The model postulates that economic growth occurs in five basic stages, of varying length: · The traditional society · The preconditions for take-off · The take-off · The drive to maturity · The age of high mass-consumption 1. Traditional Society: This initial stage of traditional society signifies a primitive society having no access to modern science and technology. In other words, it is a society based on primitive technology and primitive attitude towards the physical World. Thus, Rostow defines a traditional society “as one whose structure is developed within the limited production function...
Exchanging ideas about using ICT for development, especially in Africa.