1. Walter Rostow Hannah Casey

2. Background Oct 7, 1916- Feb 13, 2003 Went to Yale, then Balliol College, Oxford Worked for:  Columbia University, Oxford, MIT, Cambridge, University of Texas  Office of Strategic services- part of the Marshall Plan  John F. Kennedy, Lyndon B. Johnson, Richard Nixon

3. The Stages of Economic Growth 1)Traditional society 2)Preconditions to take-off 3)Take-off 4)Drive to maturity 5)Age of high mass consumption.

4. The Stages of Economic Growth http://welkerswikinomics.com/blog/2012/01/30/models-for-economic-growth-ib-economics /

5. Step 1- Traditional Society characterized by an existing, agricultural based economy intensive labor low levels of trading population that does not have a scientific perspective on the world and technology

6. Step 2- Preconditions to Take-off society begins to develop manufacturing Has a worldlier, as opposed to regional, outlook.

7. Step 3- Take Off short period of intensive growth industrialization begins to occur workers and institutions become concentrated around a new industry http://en.wikipedia.org/wiki/Rostow's_stages_of_growth

8. Step 4- Drive to Maturity Takes place over a long period of time Standards of living ↑,use of technology ↑, and the national economy grows and diversifies.

9. Step 5- Age of High Mass Consumption A country's economy flourishes in a capitalist system, characterized by mass production and consumerism.

10. Real Life Example- Singapore Population over five million Industrialized early, developing profitable manufacturing and high-tech industries now highly urbanized- 100% of the population considered "urban." One of the most sought-after trade partners in the international market, with a higher per-capita income than many European countries.

11. Bibliography "American National Biography Online: Rostow, W. W." American National Biography Online: Rostow, W. W. N.p., n.d. Web. 23 Sept. 2013. ": Rostow Model of Development with Examples vs. Self- Sufficiency." : Rostow Model of Development with Examples vs. Self- Sufficiency. N.p., n.d. Web. 22 Sept. 2013. "Rostow’s Stages of Growth Development Model." About.com Geography. N.p., n.d. Web. 22 Sept. 2013. Rubenstein, James M. "Development." The Cultural Landscape; an Introduction to Human Geography. 10th ed. Upper Saddle River: Pearson Education, 2011. 274- 281. Print.