Question

According to Walt Rostow's modernization model, a country becomes developed when __________.
A.
it becomes agriculturally self-sufficient
B.
it mobilizes capital for business investments, thereby increasing its exports
C.
it has a high literacy rate and widespread access to education for people of all social classes
D.
it has an economy based on the production of goods and services demanded by the global economy

Please select the best answer from the choices provided.

A
B
C
DAccording to Walt Rostow's modernization model, a country becomes developed when __________.
A.
it becomes agriculturally self-sufficient
B.
it mobilizes capital for business investments, thereby increasing its exports
C.
it has a high literacy rate and widespread access to education for people of all social classes
D.
it has an economy based on the production of goods and services demanded by the global economy

Please select the best answer from the choices provided.

A
B
C
D

Answer 1

B

Rostow's model emphasizes that development occurs when a country mobilizes capital for investment (the "take-off" stage), leading to industrialization and increased exports that drive continued economic growth.