According to Walt Rostow,economic Advisor to U

question 45

Multiple Choice

According to Walt Rostow,economic advisor to U.S.President Kennedy,all countries go through four stages of economic development.The second stage is the______________stage,which is a period of economic growth accompanied by a growing belief in individualism,competition,and achievement.

• A)traditional
• B)take-off
• C)technological maturity
• D)high mass consumption

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Definitions:

Global Market

An international economic environment in which goods, services, currencies, and information move across national borders.

Global Supply Chains

Networks that span across international borders designed to source, produce, and deliver goods or services around the world.

U.S. Ports

Key gateways for domestic and international trade, involving the management of goods entering or leaving the United States via sea, air, or land.