Jul 31, 2024 · The concept of “take-off” in economic development refers to a critical stage where an economy transitions from stagnant or low-growth conditions to a phase of sustained …

A stage of economic development at which an economy becomes capable of sustained growth in per capita income. An economy which has not reached take-off has saving and investment …

(i) Importance to non-agricultural sectors: There is less dependence on agriculture as compared with traditional society. It is because other sectors like industry, transport, trade etc. are in the …

Mar 22, 2024 · The Rostovian Take-Off Model is a theory of economic growth proposed by economist Walt Rostow. This model outlines five stages of economic development, with the …

take off - get started or set in motion, used figuratively; "the project took a long time to get off the ground"

Take-off is a short period of intensive growth in which industrialization begins to occur, and workers and institutions become centered around a new industry.

What is the meaning of economic take-off? An economic takeoff refers to a period of rapid economic growth and development within a country or region. It often involves significant …

The ‘take-off’ is further defined as requiring three related conditions (Rostow, 1956): (a) A rise in the rate of productive investment from 5 per cent or less to over 10 per cent of national income …

It authenticates that India had entered the stage of take-off during 1960-61. The second condition for take-off is the development of take-off stage. This needs to examine whether leading sector …

What is Rostow’s take off model? Rostow’s takeoff model is a theory of economic growth developed by American economist Walt Rostow in the 1950s. The theory suggests that …

The Economics of Take-off into Sustained Growth The following requirements are relevant. (a) A given stage must display empirically testable character­ istics, common to all or an important …

Book Title: The Economics of Take-Off into Sustained Growth. Book Subtitle: Proceedings of a Conference held by the International Economic Association. Editors: W. W. Rostow. Series …

take-off point An idea derived from the American economic historian Walt W. Rostow's Stages of Economic Growth (1953). Rostow postulated five such stages: traditional society; …

THE sequence of stages, of which the take-off is one, is offered by Professor Rostow as a scheme for viewing and interpreting modern economic development.

The stimulus may take the form of a political revolution which affects directly the balance of social power and effective values, the character of economic institutions, the distribution of income, …

Jan 1, 2016 · Viewed on a historical timescale, economic growth in the world economy is characterized by a long phase of stagnation in living standards, followed in many, but not all, …

Mar 19, 2025 · In the country that tariffs are imposed on targeted industries will face lower export demand. As their goods have become relatively more expensive in the importing country, it will …

The sequence of stages, of which the take-off is one, is offered by Professor Rostow as a scheme for viewing and interpreting modern economic development. It is, therefore, a gloss on the …