What is Rostow's Stages of Development model?
A linear model showing how countries move from agriculture to a service-based economy through five stages.
Explain the concept of 'Preconditions for Takeoff' in Rostow's model.
Leadership starts investing in infrastructure and education, setting the stage for economic growth.
Explain Wallerstein's World Systems Theory.
A theory that views the world as a system with core, periphery, and semi-periphery countries, highlighting global power dynamics.
What is the core-periphery relationship?
Core countries exploit periphery countries for raw materials and cheap labor, benefiting most from the global system.
What is Dependency Theory?
Less developed countries are stuck being dependent on more developed countries, hindering their growth.
Explain the role of semi-periphery countries in Wallerstein's theory.
Act as a buffer between core and periphery, exploiting the periphery while being exploited by the core.
What are the main criticisms of Rostow's model?
Doesn't account for colonialism, corruption, or uneven resource distribution.
How does Wallerstein's theory explain global inequality?
The core-periphery relationship perpetuates inequality by exploiting periphery countries.
What is the main argument of Dependency Theory regarding LDCs?
LDCs are kept from fully developing because they rely on MDCs for jobs and technology.
What is the relationship between MDCs and LDCs according to Dependency Theory?
MDCs benefit from the dependency of LDCs, maintaining their economic advantage.
Define 'Traditional Society' in Rostow's model.
Agriculture-based society with limited technology and low productivity.
Define 'Takeoff' stage in Rostow's model.
Rapid industrialization and urbanization with a shift to manufacturing.
Define 'High Mass Consumption' in Rostow's model.
Highly industrialized society with a strong service sector and high living standards.
Define 'Core Countries' in Wallerstein's theory.
Rich, industrialized countries that control the global economy.
Define 'Periphery Countries' in Wallerstein's theory.
Less developed countries that provide raw materials to the core and are often exploited.
Define 'Semi-Periphery Countries' in Wallerstein's theory.
Countries in between core and periphery, with some industry but still dependent on the core.
Define 'LDCs' in Dependency Theory.
Less Developed Countries that rely on MDCs for jobs and technology.
Define 'MDCs' in Dependency Theory.
More Developed Countries with advanced economies that often benefit from the dependency of LDCs.
Define 'Dependency Theory'.
LDCs are stuck being dependent on MDCs, which hinders their growth.
Define 'World Systems Theory'.
World as a system with core, periphery, and semi-periphery countries.
Compare Rostow's model and Wallerstein's theory.
Rostow's is a linear stage model, while Wallerstein's is a hierarchical system focusing on global power dynamics.
Compare core and periphery countries.
Core countries are rich and industrialized, while periphery countries are less developed and provide raw materials.
Compare LDCs and MDCs.
LDCs are less developed and rely on MDCs, while MDCs have advanced economies.
Compare 'Takeoff' and 'Drive to Maturity' in Rostow's model.
'Takeoff' involves rapid industrialization, while 'Drive to Maturity' involves tech advancements and skilled labor.
Compare Wallerstein's theory and Dependency Theory.
Wallerstein's focuses on the global system, while Dependency Theory focuses on the relationship between LDCs and MDCs.
Compare the roles of core and semi-periphery countries.
Core countries control the global economy, while semi-periphery countries act as a buffer and can exploit the periphery.
Compare the focus of Rostow's model and Dependency Theory.
Rostow's focuses on stages of growth, while Dependency Theory focuses on the cycle of dependence.
Compare the economic structure of Traditional Society vs. High Mass Consumption.
Traditional Society is agriculture-based, while High Mass Consumption is service-based and industrialized.
Compare the criticisms of Rostow's model and Wallerstein's theory.
Rostow's ignores historical context, while Wallerstein's highlights the exploitative nature of the core-periphery relationship.
Compare the long-term outcomes for countries in Rostow's model vs. Dependency Theory.
Rostow's suggests countries can reach high mass consumption, while Dependency Theory suggests LDCs remain dependent.
