Traditional Society: limited technology, Hunter gatherers, Static society, Primary sector-possibly only agriculture, high percentage of wealth in religion/military, Amish, Inuit, Preconditions for Takeoff: Infrastructure starts being built, Elite group initiates innovative economic activities, Commercial exploitation of agriculture and extractive industry, South Sudan, Niger, Takeoff: Development of secondary (manufacturing), Creation of Modern Institutions, Rapid growth in limited sectors (industrial revolution), Guyana, Philippines, Drive to Maturity: Develop a wider industrial/commercial base, Technology spreads to more industries, BRIC- Brazil, Russia, India, China, Age of Mass Consumption: Consumer goods- shift from heavy industry, Bigger Tertiary sector, US, Canada, MDCs,





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