Activity 2.5: extension activity – indicators in practice
Introduction
Students investigate economic theorist Walt Rostow's five-stage model of development.
Resources
Online resources and students' literature searches
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Activity stepsShow details
- Walt Rostow's model of stages of economic development was published in 1960. The model postulates that a nation's economic growth occurs in five basic stages of varying length. Rostow used a range of indicators to position different nations on a five-stage progression toward development.
- Ask students to research Rostow's theory.
- Identify one country that fits each of the five levels of his theory.
- Using indicators identified through previous questions and research, explain why that country complies with Rostow's theory.