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Rostow's modernization theory offers the advantage of providing a clear, linear framework for understanding economic development, emphasizing stages that countries can follow to achieve growth. It highlights the importance of industrialization and technology in transforming economies. However, its disadvantages include a lack of consideration for historical, cultural, and social factors that can influence development, as well as the assumption that all countries will follow the same path, which can lead to oversimplification and potential neocolonial implications. Critics argue that it may not adequately account for the complexities and diversity of development experiences across different nations.
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