third world countries have clearly understood the origin of the causes of their problems hence they can enact policies that can influence the course of their developemenet
Becasue Nigeria is a third world country, the dependency theory claims that world banks and organizations which lend money and help to third world countries from developed nations create a dependecy from Nigeria to developed countries.
Strengths of Rostow's theory of production
Dependency theory highlights how power dynamics between core and periphery countries perpetuate global inequality. It sheds light on how historical exploitation, unequal exchange, and structural barriers hinder the development of peripheral countries. By emphasizing the impact of external influences, dependency theory offers a critical perspective on globalization and calls for more equitable international relations.
QUESTION Discuss the main tenets of the dependency theory and anlyse its analytical relevancy to developing countries QUESTION Discuss the main tenets of the dependency theory and anlyse its analytical relevancy to developing countries
unemployment in developing countries results from fall in aggregated and foreign demand
The modernization theory claims that global inequality is due to technological and cultural differences between nations, while the dependency theory claims inequality is due to historical exploitation of poor nations by rich ones.
Dependency theory suggests that global inequality is largely due to the exploitation of developing countries by developed countries. It emphasizes the role of historical colonialism and neocolonial practices in perpetuating underdevelopment. Dependency theorists argue that developing countries are structurally dependent on developed countries for resources, technology, and markets, leading to unequal power relations.
The modernization theory puts the most emphasis on economic development social and cultural change, and political stability. The theory believes that certain steps can bring success to every country and that the policies and ways of western countries is best. An important difference with the dependency theory is that western countries force their rules and policies on developing countries. The dependency theory was developed to criticize the modernization theory.
Modernization theory focuses on how underdeveloped countries can develop and advance by adopting Western practices and technology. On the other hand, dependency theory argues that underdeveloped countries are exploited by more powerful nations, leading to their underdevelopment. Dependency theory emphasizes the negative impact of global economic structures on developing countries, while modernization theory focuses on internal factors for development.
In relation to developing countries, the criticisms of Malthusian Theory state that if you combine a high rate of growth with a high level of poverty, those countries can expect famine and disasters. Uganda is one country that is often used as an example of this theory.
My dad actually brought this up to me the other night. One theory says that countries near the equator do not have seasons or conditions good for farming and agriculture. This was a major stage in advancement in human history. Because agriculture was such a valuable stepping stone, it is possible that it has caused developing countries to continue to struggle today. Granted, this is only a theory my dad heard over the radio.
Developing a theory of gravity.