Which theoretical approach claims that rich nations of the world are "overdeveloped" while poor nations are "underdeveloped"?
A)modernization theory
B)dependency theory
C)both modernization theory and dependency theory
D)neither modernization theory nor dependency theory

Question

Quizplus · Accepted Answer

Dependency theory argues that wealthy countries have become overdeveloped at the expense of poorer countries which have been left "underdeveloped" due to economic exploitation and domination. Modernization theory, on the other hand, posits that poorer countries can become "developed" by adopting the cultural and economic traits of wealthier countries.

Which Theoretical Approach Claims That Rich Nations of the World