What are the Stages of Economic Development! Explained! – Subjectquery.com
American Economist W.W. Rostow gave stages of economic development of economic growth in his famous book, “The stages of economic growth”. It includes 5 stages of economic development which are described by Rostow are as follows:- Traditional Stage, Free-Take Off Stage, Take Off Stage, Stage to Drive to Maturity, High Mass Consumption Stage. 1. Traditional… (0 comment)