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What are the strengths and weaknesses of the modernisation theory?
what are the strengths and weakness of modernization theory
What are the 3 economic choices every society must make?
Rational choice theory, also known as rational action theory, is a framework for understanding and often formally modeling social and economic behavior. It is the dominant theoretical paradigm in microeconomics. ...
Scope of micro and macro economics?
theory of income and employment: theory of general price level and inflation theory of economics macro theory of distribution' theory of international trade
The theory that sees wealth as the basis of power is?
The theory is called "plutocratic theory", which characterizes a plutocracy.
What is scope of macroeconomics?
The scope of Scope of Macro Economics can be studied in the following theories :- 1. Theory of National Income 2. Theory of Employment 3. Theory of Money 4. Theory of General Price Level 5. Theory of Economic Growth 6. Theory of International Growth .
What is the Modernization theory and the dependency theory?
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.
What is A theory that stands the test of time and becomes the basis for a field of study?
is it working theory or is it paradigm
A working theory becomes a paradigm?
A working theory becomes a paradigm when it stands the test of time and is supported by many experiments.
A working theory becomes a paradigm when?
A working theory becomes a paradigm when it stands the test of time and is supported by many experiments.
What are the strengths and weaknesses of the modernisation theory?
what are the strengths and weakness of modernization theory
What leadership theory suggests that management style should adapt itself to changing circumstances?
delegation theory
Concept of life course theory?
Life course theory is defined the multidisciplinary paradigm of one's life. Some aspects of this multidisciplinary paradigm include demographics, psychology, and biology.
When the theory that the sun goes around the earth was replaced with the theory that earth goes around the Sun this was an example of?
When the theory that the Sun goes around the Earth was replaced with the theory that the Earth goes around the Sun, it was called a paradigm shift.
What are the different between modernization theory and dependency 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.
What is a theory that stand the test of time and becomes the basis for a field of study?
is it working theory or is it paradigm
Can you change a theory?
yes you can, in theory. But it is very difficult to change an established 'ruling paradigm' (however incorrect).
Why is Modernization Theory important in Development?
Modernization theory is important in development because it provides a framework for understanding the process of societal change and progress. It focuses on economic growth, industrialization, and social changes as key drivers of development. By studying modernization theory, policymakers and scholars can gain insights into the challenges and opportunities that countries face in their development efforts.
