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What are the consequences of development?

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  • Essay length: 780 words
  • Submitted: 15/08/2003
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AS and A Level Global Interdependence & Economic Transition

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"What are the consequences of development?"

Development is the level of technological application and economic organisation of a country. Countries want to develop because it will help to give the people of the country a better quality of life through improving services such as health and education. Developing will improve their industry providing more jobs and result in a growth in the country economy. Development can also provide the country with more resources such as food and other raw materials.

On Rostow's stages of development model every countries aim would be to reach level 5, in this stage growth occurs in all areas of the countries economy and therefore the country can sustain itself for periods of time. Few countries have reached stage 5; these are the UK, U.S, and Japan. Countries such as India are stage 3 and 4 respectively while Ethiopia has yet to reach stage 1 to date. LEDC's don't reach stage 5 due to the lack of resources and technology that they have compared to their competitors. This can be caused due to the lack of evenly distributed resources, as MEDC's don't want any more competitors then they already have. A lot of LEDC's have

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