Stage of growth model development was porposed by____________________?
Correct answer: A. Rostow
- A. Rostow
- B. Harrod Dommer
- C. Keynes
- D. Theodore
Explanation
Walt W. Rostow proposed the stages-of-growth model, including traditional society, preconditions for take-off, take-off, drive to maturity and age of high mass consumption. Harrod-Domar instead focuses on savings, investment and growth rates.
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