Modernization theory focuses on the production of wealth,while dependency theory focuses on the distribution of wealth.

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Modernization theory suggests that economic development and technological advancements are the keys to a country's progress, emphasizing the production of wealth. In contrast, dependency theory argues that underdevelopment in certain countries is the result of their dependence on more developed countries, focusing on how wealth is distributed globally and the structural impediments to equitable distribution.

Modernization Theory Focuses on the Production of Wealth,while Dependency Theory