According to dependency theory, what is the main reason that today’s high-income countries became rich?A.They have more schools.B.They have more natural resources.C.They control the global economy.D.They have less emphasis on tradition.
Question
According to dependency theory, what is the main reason that today’s high-income countries became rich?A.They have more schools.B.They have more natural resources.C.They control the global economy.D.They have less emphasis on tradition.
Solution 1
According to dependency theory, the main reason that today’s high-income countries became rich is because they control the global economy.
Here's a step-by-step explanation:
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Dependency theory is a concept that originated in Latin America in the late 1950s to explain the lack of development in some countries despite international aid.
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The theory suggests that wealthy nations enrich themselves by exploiting poorer ones. This exploitation happens through a global economic system that is skewed in favor of the rich nations.
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This system allows rich countries to control global trade, international financial institutions, and the terms of loans and aid. They can set the rules of the game in their favor, which allows them to accumulate wealth at the expense of poorer countries.
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Therefore, according to dependency theory, the main reason high-income countries became rich is not because they have more schools or natural resources, or because they have less emphasis on tradition. Instead, it's because they control the global economy.
Solution 2
According to dependency theory, the main reason that today’s high-income countries became rich is because they control the global economy.
Here's a step-by-step explanation:
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Dependency theory is a concept that originated in Latin America in the late 1950s to explain the underdevelopment of certain countries, particularly in relation to their interaction with more developed nations.
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The theory suggests that wealthy nations enrich themselves by exploiting poorer ones. This exploitation happens through a global economic system where high-income countries set the rules of trade and production, which are often in their favor.
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This control over the global economy allows high-income countries to maintain their wealth and power, while low-income countries remain poor and dependent.
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Therefore, the answer is C. They control the global economy.
This theory does not place emphasis on the number of schools, the amount of natural resources, or the emphasis on tradition in a country as the main reasons for their wealth.
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