Which theory asserts that people living years ago in poor countries were better off economically than their descendants living in the same places today?A.symbolic-interaction theoryB.modernization theoryC.dependency theoryD.structural-functional theorySubmit
Question
Which theory asserts that people living years ago in poor countries were better off economically than their descendants living in the same places today?A.symbolic-interaction theoryB.modernization theoryC.dependency theoryD.structural-functional theorySubmit
Solution
The theory that asserts that people living years ago in poor countries were better off economically than their descendants living in the same places today is C. Dependency Theory.
Dependency Theory suggests that the wealth and prosperity of the world's rich nations (the global North or the developed countries) largely came at the expense of the world's poor nations (the global South or the developing countries). It argues that poor nations provide natural resources, cheap labor, and a market for developed nations, without which they could not have the standard of living they enjoy. Over time, this has led to a widening gap between the rich and the poor nations, making the latter even poorer.
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