Rostow's 5 stages of growth:1.Transitional Society2.Transitional Stage3.Take off4.Drive to maturity 5.High mass consumptionadditional question:Do you believe that Filipinos have neo-colonial consciousness,that is,they prefer imported products rather than local ones?

1. Are Rostow's 5 Stages of growth still ideal for today's economies? 2. Must an economy follow these 5 stages to achieve sustainable economic growth? 3. Can technology transfer or technology acquisition enable an economy skip early stages stipulated by Rostow and still achieve sustainable growth