Early development economic theory, the linear phase of the growth model was first developed by WW Rostow in the 1950s, following Marx and its list. This theory has changed the theory of gradual development of Marx and focused on the accelerated accumulation of capital using domestic and international savings as a means of stimulating investment as the primary means of promoting economic growth and development . The linear growth phase model assumes that all countries must undergo a series of five consecutive development stages in the development process. These phases are "traditional society, preconditions for takeoff, takeoff, mature driving force, and the era of high consumption". A simple version of the Harrod - Domme model provides an example of mathematics. The idea of improving capital investment leads to greater economic growth
What are the similarities and differences between these theories? Displays the intersection of each row and column. First, we show various stages of each theory within the blue frame. Then go back to the theoretical reading and put the similarity between the two theories at the intersection of the pink box. Put the difference in theory at the intersection of yellow. When you are done, remove this description text and allow the page of the chart to afford. When you type in the box, the table will enlarge. Once completed, the similarity is identified in the pink box on the top right and the difference identified in the yellow box on the bottom left is displayed. Please make sure there are at least two items in each box. Key: Difference in similarities at the theoretical stage