Stages of Development To know the stages of development, and their associated characteristics. To...
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Transcript of Stages of Development To know the stages of development, and their associated characteristics. To...
Stages of Development
• To know the stages of development, and their associated characteristics.
• To understand that countries are categorized by their economic development.
LDC’sAfrica (33)
1 Angola
18 Madagascar
2 Benin
19 Malawi
3 Burkina Faso
20 Mali
4 Burundi
21 Mauritania
5 Central African Republic
22 Mozambique
6 Chad
23 Niger
7 Comoros
24 Rwanda
8 Democratic Republic of the Congo
25 São Tomé and Príncipe *
April 21, 2023
Asia (15) 1 Afghanistan 9 Nepal 2 Bangladesh10 Samoa 3 Bhutan 11 Solomon Islands 4 Cambodia12 Timor-Leste 5 Kiribati 13 Tuvalu 6 Lao People’s Democratic Republic 14 Vanuatu 7 Maldives 15 Yemen8 Myanmar
9 Djibouti26 Senegal10 Equatorial Guinea27 Sierra Leone11 Eritrea28 Somalia12 Ethiopia 29 Sudan13 Gambia30 Togo14 Guinea31 Uganda 15 Guinea-Bissau 32 United Republic of Tanzania16 Lesotho 33 Zambia 17 Liberia
What on earth are LDC’s?
LDC’sLDC's are characterized by a marginal physical environment.The countries that fall into this category are, most of Africancountries, and many of thee Asian countries.
The LDC countries have the following characteristics: • Little to no build-up of agriculture • Low energy production and consumption • Subsistance farming (farm only for themselves) • Large percentage of the population is under 15 (causing a high
birthrate because a large percentage of the population is entering it's "reproductive stage")
• Infant mortality rate is high • Poorly developed trade and transportation • Poor medical facilities • High illiteracy and unemployment rates • GNP is under $3,000 per year.
NIC’sNIC’s are countries whose economies have not yet reached
MEDC status but are out developing similar countries. NIC’s are
usually undergoing rapid economic growth (usually export
oriented).
NIC’s usually share some other common features, including:• Increased civil rights• Strong political leaders. • A switch from agricultural to industrial economies• Increasingly free trade with countries in the world. • Large international corporations setting up in the country. • Lowered poverty rates. • NIC’s often receive support from outside organisations or other
countries.
April 21, 2023
Stages of Economic Development
• Stage 1: The traditional society• Stage 2: The preconditions for takeoff• Stage 3: The takeoff• Stage 4: The drive to maturity• Stage 5: The age of high mass consumption• The United Nations groups countries into three categories:
– MDCs (more-developed countries)– LDCs (less-developed countries)– LLDCs (least-developed countries)
• Newly Industrialized Countries (NICs) - Countries that are experiencing rapid economic expansion and industrialization and do not exactly fit as LDCs or MDCs
Stages of DevelopmentThe United Nations groups
countries into three categories:
– MEDCs (more economically developed countries)
– LEDCs (less economically developed countries)
– LDCs (leastdeveloped countries)
NICs (newly industrialized countries) - are experiencing rapid economic expansion and industrialization and do not exactly fit as LDCs or MDCs
Rostow Model
Rostow’s Model
1. What is Rostow’s model based on?
2. What is it’s most important purpose?
3. Discuss in pairs the 5 stages through which all developing societies must pass, based on his model for feedback
Click the link ROSTOWS MODEL