What is the Difference Between Dependency Theory and Modernization Theory

Modernization theory holds that increases in technology will increase wealth throughout the globe, and that low-income nations can follow the path taken by wealthier, modernized nations. Dependency theory holds that some nations gained wealth at the expense of other nations, especially through colonization.

1. What is the major difference between modernization theory and dependency theory?
2. What is the difference between dependency theory and world systems theory?
3. What does the dependency theory explain?
4. How do modernization and dependency theory differ in their explanations of global stratification?
5. What is an example of dependency theory?
6. What is an example of modernization theory?
7. What are the main assumptions of world system theory?
8. Who made the dependency theory?
9. What was dependency theory's focus?
10. Why is the dependency theory important?
11. How is the dependency theory used today?
12. What is the main argument of dependency theory?

What is the major difference between modernization theory and dependency theory?

The main difference between dependency theory and modernization theory is that dependency theory mainly focuses on poor and underdeveloped countries, while modernization theory mainly focuses on rich and developed countries. Dependency theory and modernization theory are two opposing theories in sociology.

What is the difference between dependency theory and world systems theory?

Dependency theorists tend to focus on the power of transnational classes and class structures in sustaining the global economy, whereas world systems analysts tended to focus on the role of powerful states and the interstate system.

What does the dependency theory explain?

Dependency theory, an approach to understanding economic underdevelopment that emphasizes the putative constraints imposed by the global political and economic order. First proposed in the late 1950s by the Argentine economist and statesman Raúl Prebisch, dependency theory gained prominence in the 1960s and '70s.

How do modernization and dependency theory differ in their explanations of global stratification?

Whereas modernization theory attributes global stratification to the “wrong” cultural values and practices in poor nations, dependency theory blames global stratification on the exploitation of these nations by wealthy nations.

What is an example of dependency theory?

An example of the dependency theory is that during the years of 1650 to 1900 Britain and other European nations took over or colonialized other nations. They used their superior military technology and naval strength at the time to do this.

What is an example of modernization theory?

Examples include the cast system in India, many slave systems, and this is also an aspect of extreme patriarchal societies. This can result in Fatalism – the feeling that there is nothing you can do to change your situation.

What are the main assumptions of world system theory?

The world systems theory is established on a three-level hierarchy consisting of core, periphery, and semi-periphery areas. The core countries dominate and exploit the peripheral countries for labor and raw materials. The peripheral countries are dependent on core countries for capital.

Who made the dependency theory?

Dependency Theory developed in the late 1950s under the guidance of the Director of the United Nations Economic Commission for Latin America, Raul Prebisch.

What was dependency theory's focus?

Dependency theory focused on individual nations, their role as suppliers of raw materials, cheap labor, and markets for expensive manufactured goods from industrialized countries. The unequal exchange relationship between developed and developing countries was viewed as contributing to poor economic growth.

Why is the dependency theory important?

The Dependency Theory analyses the internal dynamics of underdeveloped countries and relates their underdevelopment to their positions in the international economic system. ... Further, this process of underdevelopment is intimately and inseparably related to their external dependence.

How is the dependency theory used today?

In today's realm, dependency thoughts are still useful in analyzing the widening inequalities between the poor and rich countries, or in analysing the divisions within a developed or a developing country context. Our societies are vastly divided, and dependent relations exist within our own social facbric.

What is the main argument of dependency theory?

Dependency theorists argue that existing national and international economic and political systems are the cause of their unjust situations. They call for systemic change to solve the problems. They want abrupt, non-linear, fundamental change. Rather than endorsing and embracing stability, they call for radical change.