<Ul> <Li> </Li> <Li> </Li> <Li> </Li> </Ul> <P> Rostow's Stages of Economic Growth model is one of the major historical models of economic growth . It was published by American economist Walt Whitman Rostow in 1960 . The model postulates that economic growth occurs in five basic stages, of varying length: </P> <Ol> <Li> Traditional society </Li> <Li> Preconditions for take - off </Li> <Li> Take - off </Li> <Li> Drive to maturity </Li> <Li> Age of high mass consumption </Li> </Ol> <Li> Preconditions for take - off </Li>

Which are the stages of rostow's five-stage model of economic development
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