Assignment 3 – Modernization theory
Please read the chapter in Peet & Hartwick on theories of modernization. In addition, please read the brief overview of Rostow’s “stages of growth” model:
After you have reflected on the reading materials, please respond (in about 200-250 words maximum) to the following three questions as a comment to this post. Be sure to post your comments by 11:59 on March 3. If possible, try to complete this assignment before March 3, as it will help you prepare for your exam that same day.
1) What does a process of economic modernization look like? In other words, how should the economic system of a county change as it modernizes/develops?
2) Is the process of modernization an internal or external process? If a country fails to modernize, what are the possible explanations?
3) Stage 2 of Rostow’s linear stages of growth model is called “pre-conditions to take-off”. For the countries of Asia, Africa and Latin America, what was the impetus for their take-off (what created the pre-conditions)? What does this imply about modernization and development in less-developed countries?