What are the basic tenets of dependency theory?

Answer 1

1. Assumes that more developed countries are responsible for impoverishing of the low developed countries, capitalism is therefore seen as being responsible for breaking the development of these countries.
2. It argues that under development is not a stage, but a process through which countries reach to development goal.
3. It assumes that Foreign Aid is never free it always has strings attached which creates a debt trap to the developing countries.

View industrial sector in low developing as being very poor and in which industrialisation can be a great help to development but instead they collect surplus for more developed countries' industries.

BY NAMATOVU SWAGIRAH SIRAJE.

MAKERERE UNIVERSITY

Answer 2

The core theory of the dependency theory implies that less fortunate countries, states, or areas and enriched areas all either go through or have gone through the same development at some time. This assumes that at some time all will be equal in one world system and benefit from and help each other.

Answer 3

Dependency theory posits that economic relationships between developed and developing countries are unequal and exploitative, with wealthy nations benefiting at the expense of poorer ones. It argues that historical colonialism and ongoing unequal trade relationships perpetuate underdevelopment in the Global South, leading to dependency on the Global North for resources and markets. Dependency theory advocates for policies that promote economic self-sufficiency and reduce reliance on external powers.