Drive to Maturity
Definition
This is fourth stage in Rostow's model where technology diffuses, industries diversify and investment reaches levels that promote sustained economic growth.
Related terms
Technology Diffusion: The spread of technology across borders and societies.
Investment: The action or process of investing money for profit or material result.
Diversification: A risk management strategy that mixes a wide variety of investments within a portfolio. In the context of an economy, it refers to the increase in range of industries and products in its market.
"Drive to Maturity" appears in:
Study guides (1)
AP Human Geography - 7.5 Theories of Development
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About Us
About Fiveable
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Careers
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Terms of Use
Privacy Policy
CCPA Privacy Policy
Resources
Cram Mode
AP Score Calculators
Study Guides
Practice Quizzes
Glossary
Cram Events
Merch Shop
Crisis Text Line
Help Center
© 2024 Fiveable Inc. All rights reserved.
AP® and SAT® are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.