Dependency theory has little or no relevance for the economic growth and development in___________ .
A) East Asia
B) Africa
C) South America
D) Central America

Question

Quizplus · Accepted Answer

East Asia has experienced impressive economic growth over the past few decades, thanks to its export-oriented development strategy and active participation in the global economy. Dependency theory argues that developing countries are stuck in a vicious cycle of underdevelopment and poverty due to their dependence on developed nations for trade and investment. However, East Asian countries such as China, South Korea, and Taiwan have managed to break away from this cycle by leveraging their comparative advantages, investing in education and infrastructure, and implementing market-oriented policies. Therefore, dependency theory has little or no relevance for the economic growth and development in East Asia.

Dependency Theory Has Little or No Relevance for the Economic