Rostow's model suggests that societies progress through how many stages of economic growth?

Rostow's model, also known as the "Stages of Economic Growth," delineates five distinct stages that societies progress through as they develop economically. This model was proposed by economist Walt Rostow in the 1960s and is significant because it provides a framework for understanding the linear progression of economic development.

The five stages outlined in Rostow's model are:

1. Traditional Society - Characterized by subsistence farming and limited technology.

2. Pre-conditions for Take-off - Conditions for growth begin to form, with investment in infrastructure and technology.

3. Take-off - A period of rapid industrialization and growth, with a shift towards manufacturing industries.

4. Drive to Maturity - Diverse industries develop and the economy becomes more self-sustaining and stable.

5. Age of High Mass Consumption - The economy shifts towards consumer goods and services, leading to a higher standard of living.

The effectiveness and relevance of Rostow's model have been debated, particularly regarding its application to all societies which may not fit this linear progression. However, its framework is pivotal in the study of economic development and modernization theory, hence the correct answer is that Rostow's model suggests societies progress through five