DS 102 Notes
DS 102 Notes
DS 102 Notes
DEVELOPMENT PERSPECTIVES
Stage 2:
Transitional Stage
Stage !: Tradional
Society
I: The Traditional Society
• A traditional society is one whose structure is
developed within limited production function
characterized by;
- Very little production.
- Men had little knowledge of the outside
world
- Low level of science and technology
The Traditional Society
- their resources was devoted to agriculture.
Low Savings
Inability to
productive Low
capacity Consumption
Low
Investment
Lack of
markets
Relevance of Nurkse’s Theory
• Third world countries, particularly those in
Africa, are locked in a vicious circle of
poverty the historical causes of poverty are not
underlined by Nurkse’s theory.
Karl Marx also did not give particular attention In general Rostow and other bourgeois
to the African situation i.e. what kinds of theorist's outlook of development is that
classes existed in Africa, the nature of the many things are involved in the process of
relations of production, the class struggle in development: markets, resources,
Africa infrastructures, organization,
Entrepreneurship and investments. These
are related to one another.
Dependency Theories of Development
and Under Development
Basic Features of Underdevelopment:
• Different authors have described the process
of dependency.