I think this ppt on Rostow's view will be easy for everyone to understand :)

2.  Based on his book “Stages of economic
growth”
 Uses a historical approach

4.  Under developed economy
 Limited growth in science & technology
(Pre-Newtonian era)
 Limited production functions
 Excessive dependence on agriculture
 Political power
 Usage of income
 Slow economic growth
 Series of changes

5.  Transition stage
 New renaissance age
 Spread of education & knowledge
 Modern science
 Investment & risk- taking
 Economy at snail’s pace
 Development of people’s qualities
 Discoveries & inventions
 Division of society
 Transportation,agriculture & imports

6.  Overcoming of the obstacles
 Increase in investment and per capita output
 Growth of manufacturing sectors
 Development in political, social &
institutional framework

7.  Result of the take-off stage
 More amount of goods are produced
 Self-generating economy
 Technological & entrepreneurial skills
 Old and new industries

8.  Shift in the attention of the society
 Country’s aspirations
- Longs for external power &
influence
- Welfare measures
- Consumption
- Per capita income
- Automobiles & durable goods

9.  It de-emphasises any difference between
how leading sectors develop in free and
controlled markets.
 It is accused of trying to fit economic
progress into a linear system
 It considers mostly large countries.