According to Walt Rostow's modernization model, a country becomes developed when __________. A. it becomes agriculturally self-sufficient B. it mobilizes capital for business investments, thereby increasing its exports C. it has a high literacy rate and widespread access to education for people of all social classes D. it has an economy based on the production of goods and services demanded by the global economy Please select the best answer from the choices provided. A B C D

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22-02-2022
Business

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According to Walt Rostow's modernization model, a country becomes developed when __________. A. it becomes agriculturally self-sufficient B. it mobilizes capital for business investments, thereby increasing its exports C. it has a high literacy rate and widespread access to education for people of all social classes D. it has an economy based on the production of goods and services demanded by the global economy Please select the best answer from the choices provided. A B C D

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ayokenny2001 ayokenny2001 · Answer 1 · 2022-03-07T10:13:41+01:00

A country becomes developed according to Walt Rostow's when : An economy based on the production of goods and services demanded by the global economy.

What is economic development?

Economic development can be defined as increase in the income and standard of living of people in a country. It means enhancing the prosperity and quality of life for all residents within a country.

According to Walt Rostow's, when there is global demand for a country's produce, there is an economic development.

Hence, a country becomes developed according to Walt Rostow's when an economy based on the production of goods and services demanded by the global economy.

Learn more about economic development here : https://brainly.com/question/18633771