Dependency theory is defined as
A) an approach proposing that modernization and development will lessen the dependency of peripheral nations.
B) the philosophy that no nation can survive isolated from the rest of the world.
C) an approach that contends that industrialized nations continue to exploit developing countries for their own gain.
D) a process by which peripheral nations move from having traditional or less developed institutions to those characteristic of more developed societies.

Question

Quizplus · Accepted Answer

Dependency theory argues that wealthy, industrialized countries maintain or increase their wealth at the expense of poorer countries, which they exploit and keep in a state of dependency. This theory contrasts with views that suggest developing countries can simply "catch up" through modernization or integration into the global economy.

Dependency Theory Is Defined as