Rostow's Stages of Economic Growth | Development Economics |

What are the different stages of economic growth, as per Rostow.
Traditional Society, Pre conditions for take off, take off, Drive to maturity, and Age of Mass consumption

Reference : Todaro and Smith, Chapter 3
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0:00 Introduction
0:50 First Stage : Traditional Society
3:06 Second Stage : Pre conditions to take off
4:38 Third Stage : Take off
6:31 Fourth Stage : Drive to Maturity
8:33 Fifth Stage : Age of High Mass Consumption
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