According to W.W.Rostow's model of economic development,in order for a country to be ready for "take-off" it must have
A) an investment in manufacturing equal or greater than 10 percent of national income.
B) a physical infrastructure and a social/political elite.
C) comparative advantages in international trade, which it exploits.
D) a majority of the population engaged in tertiary activities.
E) a democratic form of government.

Question

Quizplus · Accepted Answer

According to Rostow's model, for a country to be ready for "take-off" or the transition from a traditional society to a modern industrial society, it must have a physical infrastructure (like transportation and communication systems) and a social/political elite to spearhead the industrialization process. These two factors are necessary to facilitate the growth of manufacturing industries and the expansion of the economy as a whole. While the other options (investment in manufacturing, comparative advantages in trade, tertiary activities, and democratic government) can also contribute to economic development, they are not specific requirements for the "take-off" stage according to Rostow's model.