What is the name of the neo-Marxist theory that explains how developing (periphery, Southern) societies are locked through trade links in exploitative relations with developed (core, Northern) societies?
A) Modernisation theory
B) Dependency theory
C) Southern theory
D) Trade liberalisation theory

Question

Quizplus · Accepted Answer

Dependency theory argues that developing countries are kept in a state of underdevelopment by the exploitative mechanisms of the global economic system, particularly through their economic relationships with developed countries. This theory contrasts with modernization theory by emphasizing the structural limitations faced by developing countries within the global market.

What Is the Name of the Neo-Marxist Theory That Explains