The most widely known development theory is___________ , which is a perspective that links global inequality to different levels of economic development and suggests that low-income economies can move to middle- and high- income economies by achieving self-sustained economic growth.
A) dependency theory
B) world systems theory
C) modernization theory
D) the new international division of labor theory

Question

Quizplus · Accepted Answer

The description given in the question matches the characteristics of the modernization theory, which suggests that poorer countries can achieve economic growth and development by following the path of the more developed countries. This theory assumes that all countries progress through stages of economic development, ultimately reaching a stage of high-income economic growth and sustainability.

The Most Widely Known Development Theory Is___________ , Which Is