"Dependency theory" argues that:
A) The interdependencies created by globalization result in mutual benefits for the core and periphery
B) Core states exploit peripheral states
C) Transnational NGOs are responsible for alleviating economic dependency in the third world
D) None of the above

Question

Quizplus · Accepted Answer

Dependency theory argues that the relationship between core and periphery states in the global market is characterized by the exploitation of peripheral states by the dominant core states. The theory argues that the economic development of the core states has been achieved through the underdevelopment of peripheral states, which provides the core states with cheap labor, raw materials, and markets for their goods. Thus, the benefits of globalization are not mutual but are one-sided, with the core states reaping the benefits at the expense of the periphery.

"Dependency Theory" Argues That