SlideShare una empresa de Scribd logo
1 de 33
NAME : SHAKIR ULLAH
SUBJECT: SOCIAL CHANGE AND
DEVELOPMENT
TOPIC FOR PRESENTATION:
Modernization the process of social
change and development with
reference to economic development
By Shakir ullah
Development and social change are mostly dependent
upon economic growth a country because man is
social as well as economic being; man by his nature is
mostly economic and less social. Man materialistic
attitudes and further his economic activities make him is
social being. He accepts those changes which are best
suited to his selfish interest. Change is the law of nature
man not only like change but he accepts change because
he get bored in static environment and we can say that
man is by nature very dynamic.
By Shakir ullah
By Shakir ullah
There was mechanical solidarity(
durkhiem) but latter on many
factors compelled man to bring
changed in his social as well as
natural environment these changes
led human social environment from
simple to the most complex one.
By Shakir ullah
1.Spencer: Modernization is the process in
which societies move from simple to
complex , homogeneity to heterogeneity,
incoherent to coherent and from agriculture
to industrial.
2.Ward: Modernization is the application of
modern science to human affairs.
By Shakir ullah
The application of scientific knowledge and
techniques to various fields.
Agriculture subsistence forming change to
commercial farming.
Industrialization take place with great emphasis
on inanimate forms of energy, human and animal
power become less important.
Urbanization became an accelerating process.
By Shakir ullah
All institutions including economic change
from simple to complex the competition on
both sides consumption and production
introduced. Modern marketing system
brought changes in whole economic system.
The agriculture system modernized with
farm mechanization and cottage industries.
By Shakir ullah
MODERNIZATION AND ECONOMIC CHANGE
SOCIAL CHANGE
It refers to the alteration and
modification which take place in the
life pattern of people in society.
Social change occurs in all societies
because no society is neither
completely static nor changed.
1.Horton and Hunt define social change change in
the social structure and social relation of society.
2. J.B Chitambar define social change as social
change involve a change in the structure and
functions of societal forms.
Examples of social change: changes in all social
institutions e.g. family, economic, political etc.
PROCESS OF SOCIAL CHANGE
I t is an addition to knowledge and
finding new facts which are already
present.
Discovery become factor in social
change when put into serious use
such as the discovery of blood
circulation system in human body.
it mean a new use of existing
knowledge. It is the idea of
combining elements of knowledge
that produce something new.
Such as automobile. Mobile cell
etc.
It refer to the process whereby one culture
trait and patterns spreads from one society to
another. This process take place when
societies came into contact like most of our
cultural traits come from European societies.
Our political system, our postal system, our
construction designs, our daily fashions and
dress styles etc all reflect western culture.
THE PROCESS OF SOCIAL CHANGE AND
ECONOMIC DEVELOPMENT
Without these things we can never imagine any development
through discovery man is busy to enhance the process of
development.
Like discovery inventions are more important to bring
development in every sector like through the invention of
computer, automobile etc human have touch the climax of
economic development through computer and internet we can
control any business activity and can do business activities
more easily further the invention of transportation and
communication much facilitated any economic and business
activity.
These are considered as the
backbone of industries and factory
system because raw materials are
mostly carried by the means of
transport. Further with means of
transportation and communication
the process of urbanization
accelerated.
Scientific inventions further
facilitated modern factory system
and we can say that capitalism
emerged due to industrialization
and the application of scientific
knowledge.
Diffusion is similarly played its role
in economic development most of
the economic policies have been
diffused from one county to
another our banking systems
including other things have been
came from westerns countries.
Development
A multi dimensional phenomena.
Generally it is define as Growth plus change.
Growth refers to an increase in gross or per capita income
and change refer to structural and institutional changes.
According to UN documents in developing countries
development refer to an increase in production capacity
but major transformation in their social and economic
structure.
Mair and Baldwin: the process whereby an economy real
national income increase over a long period of time and of the
rate of development is greater than the population growth ,
then per capita income will increase and that real real
development.
Biddle and giddle: development is a socio economic process b y
which human being can become more competent to live with a
gain some control over the confronting socio economic
problems and get a way of progress.
Two factors determine the
process of socio- economic
development
1.Economic factor
2.Non- economic factor
a. Natural resources: it is the principal factor affecting the
process of development.
A country enrich with resources develop rapidly.
b. Capital accumulation: It is increase in the capital stock
of the country e.g. domestic resources and external
resources.
C. Labor: the more educated , skilled , healthy and well
nourished labor force and the greater will be productivity.
d. Power resources: it is the
foundation of economic
development. Include energy
of different kinds.
e. Technological factor: Technology has brought
tremendous changes in all aspects of human life.
The pattern of life has got change due to advance
technology.
Technology enter into every sector and brought
tremendous changes and development in every sector
e.g. Farm
mechanization, industrialization, transportation, comm
unication, technical IT
education, commercialization, construction and work
technology.
In short we can say that technology produce
development and development enhance technology.
a. Educational factor: The most important factor in
bringing change and economic development in the
country. Provide specialized labour for market.
Improved technical skills. Make attitudes favorable to
accept changes.
b. Social factor: social attitudes, value and institutions
influence socio economic changes and development.
Traditional attitudes, values and customs are consider
great obstacles in socio economic change and
development.
c. Political factor : It is an important variable in socio
economic change and development.
A stable government can introduce for reaching reforms in
all social as well as economic sectors for speeding up the
economic development in a country.
Rostow - Stages of Growth
1. Traditional Society
 Characterised by
 subsistence economy –
output not traded or
recorded
 high levels of agriculture
and labour intensive
agriculture
 Wealth allocated to non-
productive activities
(religious, military
 China, civilization of
middle east
Rostow - Stages of Growth
2. Pre-conditions:
 An elite group
initiates development
 Investments in
technology and
infrastructure
 Commercialization of
agriculture
Rostow - Stages of Growth
At this stage, industrial growth may be linked to
primary industries. The level of technology
required will be low.
3. Take off:
 Increasing industrialization
in limited areas (food or
textiles)
 Foreign investment increases
 Infrastructure improvements
 Some regional growth
 Economy still dominated by
traditional practices
 Value, traditional social
structure are overcome
Rostow - Stages of Growth
As the economy matures, technology plays an
increasing role in developing high value added
products.
4. Drive to Maturity:
 Develops broad
manufacturing and
commercial base
 Industry more
diversified
 Increase in levels of
technology utilized
Rostow - Stages of Growth
Service industry dominates the economy –
banking, insurance, finance, marketing, entertain
ment, leisure and so on.
5. High mass
consumption
 High output levels
 Mass consumption of
consumer durables
 High proportion of
employment in service
sector
Stage 5: early 20th century
Stage 4: late 19th century
Stage 3: middle of 19th century
Stage 2: first half of 19th century
Stage 1: prior to independence

Más contenido relacionado

La actualidad más candente

Social mobility (Sociology)
Social mobility (Sociology)Social mobility (Sociology)
Social mobility (Sociology)
Farhan Ali Khan
 
Development theories
Development theoriesDevelopment theories
Development theories
Steven Heath
 
Modernization and social change
Modernization and social changeModernization and social change
Modernization and social change
shhajira
 

La actualidad más candente (20)

Presentation on social change
Presentation on social changePresentation on social change
Presentation on social change
 
social mobility
 social mobility social mobility
social mobility
 
Social change
Social changeSocial change
Social change
 
Industrial Sociology and Max Weber's Bureaucracy
Industrial Sociology and Max Weber's BureaucracyIndustrial Sociology and Max Weber's Bureaucracy
Industrial Sociology and Max Weber's Bureaucracy
 
Approcahes of developement
Approcahes of developementApprocahes of developement
Approcahes of developement
 
Views and Concepts of Development
Views and Concepts of DevelopmentViews and Concepts of Development
Views and Concepts of Development
 
Social mobility (Sociology)
Social mobility (Sociology)Social mobility (Sociology)
Social mobility (Sociology)
 
Development meaning, definition, indicators and process
Development meaning, definition, indicators and processDevelopment meaning, definition, indicators and process
Development meaning, definition, indicators and process
 
Westernization
WesternizationWesternization
Westernization
 
Modernization and Westernization - Copy.pptx
Modernization and Westernization - Copy.pptxModernization and Westernization - Copy.pptx
Modernization and Westernization - Copy.pptx
 
1 modernization theory of development
1 modernization theory of development1 modernization theory of development
1 modernization theory of development
 
Auguste comte and positivism sociology
Auguste comte and positivism sociologyAuguste comte and positivism sociology
Auguste comte and positivism sociology
 
Agrarian legislation and rural social structure
Agrarian legislation and rural social structureAgrarian legislation and rural social structure
Agrarian legislation and rural social structure
 
Social mobility
Social mobilitySocial mobility
Social mobility
 
Social Change by SUVOJIT GHOSH & SK AHAMMED
Social Change by SUVOJIT GHOSH & SK AHAMMEDSocial Change by SUVOJIT GHOSH & SK AHAMMED
Social Change by SUVOJIT GHOSH & SK AHAMMED
 
Development theories
Development theoriesDevelopment theories
Development theories
 
Modernization and social change
Modernization and social changeModernization and social change
Modernization and social change
 
Bba L09 Dt Social Change
Bba L09 Dt   Social ChangeBba L09 Dt   Social Change
Bba L09 Dt Social Change
 
Characteristics of social change
Characteristics of social changeCharacteristics of social change
Characteristics of social change
 
Industrial Sociology
Industrial SociologyIndustrial Sociology
Industrial Sociology
 

Similar a Modernization the process of social change and development with reference to economic development by shakir ullah

The role of science and technology in development
The role of science and technology in developmentThe role of science and technology in development
The role of science and technology in development
Janette Balagot
 
What is Economic Development and Its Valuable Determinants.pdf
What is Economic Development and Its Valuable Determinants.pdfWhat is Economic Development and Its Valuable Determinants.pdf
What is Economic Development and Its Valuable Determinants.pdf
Aiblogtech
 

Similar a Modernization the process of social change and development with reference to economic development by shakir ullah (20)

Concept_of_Development.ppt
Concept_of_Development.pptConcept_of_Development.ppt
Concept_of_Development.ppt
 
Concept_of_Development.ppt
Concept_of_Development.pptConcept_of_Development.ppt
Concept_of_Development.ppt
 
Concept_of_Development.ppt
Concept_of_Development.pptConcept_of_Development.ppt
Concept_of_Development.ppt
 
Concept of Development.ppt
Concept of Development.pptConcept of Development.ppt
Concept of Development.ppt
 
Concept of development
Concept of developmentConcept of development
Concept of development
 
GROWTH AND DEVELOPMENT.pptx
GROWTH AND DEVELOPMENT.pptxGROWTH AND DEVELOPMENT.pptx
GROWTH AND DEVELOPMENT.pptx
 
Be 4 & 5
Be 4 & 5Be 4 & 5
Be 4 & 5
 
GLOBALIZATION.pptx
GLOBALIZATION.pptxGLOBALIZATION.pptx
GLOBALIZATION.pptx
 
The role of science and technology in development
The role of science and technology in developmentThe role of science and technology in development
The role of science and technology in development
 
Major Barriers of Industrialization
Major Barriers of IndustrializationMajor Barriers of Industrialization
Major Barriers of Industrialization
 
Global trends in technology and industry
Global trends in technology and industryGlobal trends in technology and industry
Global trends in technology and industry
 
Economic and Social Indicators of Development
Economic and Social Indicators of DevelopmentEconomic and Social Indicators of Development
Economic and Social Indicators of Development
 
null.pptx
null.pptxnull.pptx
null.pptx
 
Agricultural Extension and Communication
Agricultural Extension and CommunicationAgricultural Extension and Communication
Agricultural Extension and Communication
 
New Microsoft PowerPoint Presentation.pptx
New Microsoft PowerPoint Presentation.pptxNew Microsoft PowerPoint Presentation.pptx
New Microsoft PowerPoint Presentation.pptx
 
What is Economic Development and Its Valuable Determinants.pdf
What is Economic Development and Its Valuable Determinants.pdfWhat is Economic Development and Its Valuable Determinants.pdf
What is Economic Development and Its Valuable Determinants.pdf
 
The fourth-industrial-revolution-2016-21
The fourth-industrial-revolution-2016-21The fourth-industrial-revolution-2016-21
The fourth-industrial-revolution-2016-21
 
Essay On Economic Development
Essay On Economic DevelopmentEssay On Economic Development
Essay On Economic Development
 
4 th sem reprt
4 th sem reprt4 th sem reprt
4 th sem reprt
 
Population Growth And Economic Development
Population Growth And Economic DevelopmentPopulation Growth And Economic Development
Population Growth And Economic Development
 

Último

Challenges and Opportunities: A Qualitative Study on Tax Compliance in Pakistan
Challenges and Opportunities: A Qualitative Study on Tax Compliance in PakistanChallenges and Opportunities: A Qualitative Study on Tax Compliance in Pakistan
Challenges and Opportunities: A Qualitative Study on Tax Compliance in Pakistan
vineshkumarsajnani12
 

Último (20)

Buy gmail accounts.pdf buy Old Gmail Accounts
Buy gmail accounts.pdf buy Old Gmail AccountsBuy gmail accounts.pdf buy Old Gmail Accounts
Buy gmail accounts.pdf buy Old Gmail Accounts
 
Dr. Admir Softic_ presentation_Green Club_ENG.pdf
Dr. Admir Softic_ presentation_Green Club_ENG.pdfDr. Admir Softic_ presentation_Green Club_ENG.pdf
Dr. Admir Softic_ presentation_Green Club_ENG.pdf
 
Falcon Invoice Discounting: Unlock Your Business Potential
Falcon Invoice Discounting: Unlock Your Business PotentialFalcon Invoice Discounting: Unlock Your Business Potential
Falcon Invoice Discounting: Unlock Your Business Potential
 
Phases of Negotiation .pptx
 Phases of Negotiation .pptx Phases of Negotiation .pptx
Phases of Negotiation .pptx
 
JAJPUR CALL GIRL ❤ 82729*64427❤ CALL GIRLS IN JAJPUR ESCORTS
JAJPUR CALL GIRL ❤ 82729*64427❤ CALL GIRLS IN JAJPUR  ESCORTSJAJPUR CALL GIRL ❤ 82729*64427❤ CALL GIRLS IN JAJPUR  ESCORTS
JAJPUR CALL GIRL ❤ 82729*64427❤ CALL GIRLS IN JAJPUR ESCORTS
 
Paradip CALL GIRL❤7091819311❤CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
Paradip CALL GIRL❤7091819311❤CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDINGParadip CALL GIRL❤7091819311❤CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
Paradip CALL GIRL❤7091819311❤CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
 
QSM Chap 10 Service Culture in Tourism and Hospitality Industry.pptx
QSM Chap 10 Service Culture in Tourism and Hospitality Industry.pptxQSM Chap 10 Service Culture in Tourism and Hospitality Industry.pptx
QSM Chap 10 Service Culture in Tourism and Hospitality Industry.pptx
 
Berhampur CALL GIRL❤7091819311❤CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
Berhampur CALL GIRL❤7091819311❤CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDINGBerhampur CALL GIRL❤7091819311❤CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
Berhampur CALL GIRL❤7091819311❤CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
 
Katrina Personal Brand Project and portfolio 1
Katrina Personal Brand Project and portfolio 1Katrina Personal Brand Project and portfolio 1
Katrina Personal Brand Project and portfolio 1
 
Arti Languages Pre Seed Teaser Deck 2024.pdf
Arti Languages Pre Seed Teaser Deck 2024.pdfArti Languages Pre Seed Teaser Deck 2024.pdf
Arti Languages Pre Seed Teaser Deck 2024.pdf
 
Falcon Invoice Discounting: The best investment platform in india for investors
Falcon Invoice Discounting: The best investment platform in india for investorsFalcon Invoice Discounting: The best investment platform in india for investors
Falcon Invoice Discounting: The best investment platform in india for investors
 
PHX May 2024 Corporate Presentation Final
PHX May 2024 Corporate Presentation FinalPHX May 2024 Corporate Presentation Final
PHX May 2024 Corporate Presentation Final
 
Marel Q1 2024 Investor Presentation from May 8, 2024
Marel Q1 2024 Investor Presentation from May 8, 2024Marel Q1 2024 Investor Presentation from May 8, 2024
Marel Q1 2024 Investor Presentation from May 8, 2024
 
CROSS CULTURAL NEGOTIATION BY PANMISEM NS
CROSS CULTURAL NEGOTIATION BY PANMISEM NSCROSS CULTURAL NEGOTIATION BY PANMISEM NS
CROSS CULTURAL NEGOTIATION BY PANMISEM NS
 
How to Get Started in Social Media for Art League City
How to Get Started in Social Media for Art League CityHow to Get Started in Social Media for Art League City
How to Get Started in Social Media for Art League City
 
Challenges and Opportunities: A Qualitative Study on Tax Compliance in Pakistan
Challenges and Opportunities: A Qualitative Study on Tax Compliance in PakistanChallenges and Opportunities: A Qualitative Study on Tax Compliance in Pakistan
Challenges and Opportunities: A Qualitative Study on Tax Compliance in Pakistan
 
Berhampur 70918*19311 CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
Berhampur 70918*19311 CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDINGBerhampur 70918*19311 CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
Berhampur 70918*19311 CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
 
joint cost.pptx COST ACCOUNTING Sixteenth Edition ...
joint cost.pptx  COST ACCOUNTING  Sixteenth Edition                          ...joint cost.pptx  COST ACCOUNTING  Sixteenth Edition                          ...
joint cost.pptx COST ACCOUNTING Sixteenth Edition ...
 
Unveiling Falcon Invoice Discounting: Leading the Way as India's Premier Bill...
Unveiling Falcon Invoice Discounting: Leading the Way as India's Premier Bill...Unveiling Falcon Invoice Discounting: Leading the Way as India's Premier Bill...
Unveiling Falcon Invoice Discounting: Leading the Way as India's Premier Bill...
 
Cannabis Legalization World Map: 2024 Updated
Cannabis Legalization World Map: 2024 UpdatedCannabis Legalization World Map: 2024 Updated
Cannabis Legalization World Map: 2024 Updated
 

Modernization the process of social change and development with reference to economic development by shakir ullah

  • 1. NAME : SHAKIR ULLAH SUBJECT: SOCIAL CHANGE AND DEVELOPMENT TOPIC FOR PRESENTATION: Modernization the process of social change and development with reference to economic development By Shakir ullah
  • 2. Development and social change are mostly dependent upon economic growth a country because man is social as well as economic being; man by his nature is mostly economic and less social. Man materialistic attitudes and further his economic activities make him is social being. He accepts those changes which are best suited to his selfish interest. Change is the law of nature man not only like change but he accepts change because he get bored in static environment and we can say that man is by nature very dynamic. By Shakir ullah
  • 4. There was mechanical solidarity( durkhiem) but latter on many factors compelled man to bring changed in his social as well as natural environment these changes led human social environment from simple to the most complex one. By Shakir ullah
  • 5. 1.Spencer: Modernization is the process in which societies move from simple to complex , homogeneity to heterogeneity, incoherent to coherent and from agriculture to industrial. 2.Ward: Modernization is the application of modern science to human affairs. By Shakir ullah
  • 6. The application of scientific knowledge and techniques to various fields. Agriculture subsistence forming change to commercial farming. Industrialization take place with great emphasis on inanimate forms of energy, human and animal power become less important. Urbanization became an accelerating process. By Shakir ullah
  • 7. All institutions including economic change from simple to complex the competition on both sides consumption and production introduced. Modern marketing system brought changes in whole economic system. The agriculture system modernized with farm mechanization and cottage industries. By Shakir ullah
  • 9. SOCIAL CHANGE It refers to the alteration and modification which take place in the life pattern of people in society. Social change occurs in all societies because no society is neither completely static nor changed.
  • 10. 1.Horton and Hunt define social change change in the social structure and social relation of society. 2. J.B Chitambar define social change as social change involve a change in the structure and functions of societal forms. Examples of social change: changes in all social institutions e.g. family, economic, political etc.
  • 12. I t is an addition to knowledge and finding new facts which are already present. Discovery become factor in social change when put into serious use such as the discovery of blood circulation system in human body.
  • 13. it mean a new use of existing knowledge. It is the idea of combining elements of knowledge that produce something new. Such as automobile. Mobile cell etc.
  • 14. It refer to the process whereby one culture trait and patterns spreads from one society to another. This process take place when societies came into contact like most of our cultural traits come from European societies. Our political system, our postal system, our construction designs, our daily fashions and dress styles etc all reflect western culture.
  • 15. THE PROCESS OF SOCIAL CHANGE AND ECONOMIC DEVELOPMENT
  • 16. Without these things we can never imagine any development through discovery man is busy to enhance the process of development. Like discovery inventions are more important to bring development in every sector like through the invention of computer, automobile etc human have touch the climax of economic development through computer and internet we can control any business activity and can do business activities more easily further the invention of transportation and communication much facilitated any economic and business activity.
  • 17. These are considered as the backbone of industries and factory system because raw materials are mostly carried by the means of transport. Further with means of transportation and communication the process of urbanization accelerated.
  • 18. Scientific inventions further facilitated modern factory system and we can say that capitalism emerged due to industrialization and the application of scientific knowledge.
  • 19. Diffusion is similarly played its role in economic development most of the economic policies have been diffused from one county to another our banking systems including other things have been came from westerns countries.
  • 21. A multi dimensional phenomena. Generally it is define as Growth plus change. Growth refers to an increase in gross or per capita income and change refer to structural and institutional changes. According to UN documents in developing countries development refer to an increase in production capacity but major transformation in their social and economic structure.
  • 22. Mair and Baldwin: the process whereby an economy real national income increase over a long period of time and of the rate of development is greater than the population growth , then per capita income will increase and that real real development. Biddle and giddle: development is a socio economic process b y which human being can become more competent to live with a gain some control over the confronting socio economic problems and get a way of progress.
  • 23. Two factors determine the process of socio- economic development 1.Economic factor 2.Non- economic factor
  • 24. a. Natural resources: it is the principal factor affecting the process of development. A country enrich with resources develop rapidly. b. Capital accumulation: It is increase in the capital stock of the country e.g. domestic resources and external resources. C. Labor: the more educated , skilled , healthy and well nourished labor force and the greater will be productivity.
  • 25. d. Power resources: it is the foundation of economic development. Include energy of different kinds.
  • 26. e. Technological factor: Technology has brought tremendous changes in all aspects of human life. The pattern of life has got change due to advance technology. Technology enter into every sector and brought tremendous changes and development in every sector e.g. Farm mechanization, industrialization, transportation, comm unication, technical IT education, commercialization, construction and work technology. In short we can say that technology produce development and development enhance technology.
  • 27. a. Educational factor: The most important factor in bringing change and economic development in the country. Provide specialized labour for market. Improved technical skills. Make attitudes favorable to accept changes. b. Social factor: social attitudes, value and institutions influence socio economic changes and development. Traditional attitudes, values and customs are consider great obstacles in socio economic change and development. c. Political factor : It is an important variable in socio economic change and development. A stable government can introduce for reaching reforms in all social as well as economic sectors for speeding up the economic development in a country.
  • 28. Rostow - Stages of Growth 1. Traditional Society  Characterised by  subsistence economy – output not traded or recorded  high levels of agriculture and labour intensive agriculture  Wealth allocated to non- productive activities (religious, military  China, civilization of middle east
  • 29. Rostow - Stages of Growth 2. Pre-conditions:  An elite group initiates development  Investments in technology and infrastructure  Commercialization of agriculture
  • 30. Rostow - Stages of Growth At this stage, industrial growth may be linked to primary industries. The level of technology required will be low. 3. Take off:  Increasing industrialization in limited areas (food or textiles)  Foreign investment increases  Infrastructure improvements  Some regional growth  Economy still dominated by traditional practices  Value, traditional social structure are overcome
  • 31. Rostow - Stages of Growth As the economy matures, technology plays an increasing role in developing high value added products. 4. Drive to Maturity:  Develops broad manufacturing and commercial base  Industry more diversified  Increase in levels of technology utilized
  • 32. Rostow - Stages of Growth Service industry dominates the economy – banking, insurance, finance, marketing, entertain ment, leisure and so on. 5. High mass consumption  High output levels  Mass consumption of consumer durables  High proportion of employment in service sector
  • 33. Stage 5: early 20th century Stage 4: late 19th century Stage 3: middle of 19th century Stage 2: first half of 19th century Stage 1: prior to independence

Notas del editor

  1. The great bratien was in take-off stage from 1783-1883, France 1840-60, USA 1843-60
  2. America, england,france,australia achieved the stage of high mass consumption after world war II and korea,china ,india ,pakistan are now struggling toward such stage