Walt W Rostow's Transition Stage of Economic Development Argued That

Walt W. Rostow's transition stage of economic development argued that:

A) the development of internal and external markets allowed the sale of agricultural surpluses and the import of new goods with foreign technology
B) this was the moment when developing countries switched to large-scale agriculture and industry
C) this was a period of rapid urbanization and industrialization
D) the economies of developing countries were mostly agricultural and focused on subsistence
E) countries would become more economically diversified and less reliant on imports to cover necessities