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9 May, 20:07

Although African countries are politically independent nations, economically they are still following the colonial relationship of the past, providing raw materials and few finished goods.

The statement above is most closely related to which of the following theories of economic and social development?

A.

the Genuine Progress Indicator

B.

neocolonialism

C.

the Human Development Index

D.

Walt Rostow's Modernization Model

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Answers (1)
  1. 9 May, 20:12
    0
    The correct answer is letter D, Walt Rostow's Modernization Model is the theory that is mostly related to the economic and social development of African countries. Rostow's theory suggests that economic and social growth can happen in five stages which are: 1) traditional society; 2) Preconditions for take-off; 3) Take-off; 4) Drive to Maturity; 4) Age of high mass consumption.

    With this theory, he suggests that society will slowly evolve in its own slow way because it is still deeply rooted in practices of the past, unless, a certain condition meets or pushes society to evolve and to advance.
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