The industrialized economies in the ________ stage of Rostow's five-stage model of economic development focus more on low-cost m

Question

3 years ago

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The industrialized economies in the ________ stage of Rostow's five-stage model of economic development focus more on low-cost m

anufacturing of a variety of consumer and some industrial goods. They buy from all categories of industrial products and services.

Business

1 answer:

Misha Larkins [42] · Answer 1 · 2022-05-07T03:04:38+03:00

Answer:

Drive to Maturity

Explanation:

According to my research on Rostow's five-stage model of economic development, I can say that based on the information provided within the question the stage being mentioned is the Drive to Maturity Stage. This stage is described as when society integrates modern technology to it's plans and resources. Which is also known as the industrialized economies as mentioned in the question. Korea and the Czech Republic are examples of these industrialized economies.

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