Rostow and Wallerstein

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Presentation transcript:

Rostow and Wallerstein AP Human Geography Industrialization and Economic Development Unit

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What is the author of this cartoon trying to say? Socrative: Room 262479 What is the author of this cartoon trying to say?

North and South Divide

North Polar Projection Core Areas vs. Periphery Areas

W.W. Rostow’s Model of Development Development and modernization occurs in steps linearly due to increased levels of investment.

The Traditional Society High percentage of people in agriculture Limited technology Much of country’s wealth allocated to “nonproductive” activities such as military and religion

The Preconditions for Takeoff Elitist groups initiates economic activities Investment in new tech and infrastructure, which will increase productivity

The Takeoff Rapid growth in a few economic activities Revolutionary changes in agriculture and industry

The Drive to Maturity Modern technology diffuses to many industries Skilled and specialized workers

The Age of Mass Consumption Most people are prosperous – have income to consume massive quantities of “crap” and pay for essentials Economy shifts from industry to production of consumer goods

Sector’s of Rostow’s Model

Wallerstein’s World-Systems Theory: Main Ideas: 1.) The world economy has one market and a global division of labor 2.) Although the world has multiple states, almost everything takes place within the context of the world economy 3.) The world economy has a three-tier structure World Economy created by the 3 Cs: 1.) Capitalism – people, corporations, and states produce goods and services and exchange them in the world market, with the goal of achieving profit. 2.) Commodification – the process of placing a price on a good and then buying, selling, and trading the good. 3.) Colonialism – brought the world into the world economy, setting up an interdependent global economy.

Wallerstein’s World Systems Core Processes that incorporate higher levels of education, higher salaries, and more tech * Generate more wealth in the world economy Periphery Processes that incorporate lower levels of education, lower salaries, and less tech * Generate less wealth in the world economy Semi-periphery Places where core and periphery processes are both occurring - are exploited by the core but then exploit the periphery * Serves as a buffer between core and periphery THIS MODEL IS BASED ON DEPENDENCY THEORY!

Wallerstein’s Core, Periphery, and Semi-periphery: