Dependency Theory

DEPENDENCY THEORY dependence opening is the body of social acquirement theories which suggests that the richesy nations of the existence need a peripheral aggroup of poorer evokes in order to remain wealthy. Dependency theory states that the beggary of the countries in the periphery is not because they are not integrate into the world system, but because of how they are integrated into the world system. THE premise OF DEPENDENCY THEORY ARE: 1)Poor nations provide inhering resources, cheap labor, a destination for obsolete technology, and markets to the wealthy nations, without which the last mentioned could not have the standard of living they enjoy. 2) First initiation nations actively, but not necessarily consciously, perpetuate a state of dependency through various policies and initiatives. This state of dependency is multifaceted, involving economics, media control, politics, banking and finance, education, have and all aspects of human resource development. 3)Any attempt by the dependent nations to resist the influences of dependency will result in economic sanctions and/or military invasion and control. Dependency theory first emerged in the 1950s, advocated by Raul Prebisch whose research found that the wealth of poor nations tended to decrease when the wealth of rich nations increased.

SPREAD OF THEORY Dependency theory became popular in the 1960s and 1970s as a criticism of modernization theory (also known as development theory) that seemed to be failing due to the continued far-flung poverty of large parts of the world. With the seeming growth of the easternmost Asian economies and India in the last few years, however, the theory has travel somewhat out of favor. The system of dependency was said to be created with the industrial revolution and the expansion of European empires around the world due to their superior power and wealth. Some argue that out front this expansion, the exploitation was internal, with the major economic centers dominating the rest of the... If you unavoidableness to get a full essay, order it on our website: Ordercustompaper.com

Ordercustompaper.com is a professional essay writing service at which you can buy essays on any topics and disciplines! All custom essays are written by professional writers!