Dependency theory posits that
A) the lack of free trade between developed countries and poor countries has hurt the poor countries.
B) the cause of the low levels of development in poor countries is caused by their reliance and dependence on developed countries.
C) all countries follow the same predetermined paths to development, starting from import substitution strategy to export-led growth.
D) rich nations that are not endowed with natural resources are dependent on poor resource-rich countries for the former's consumption goods.

Question

Quizplus · Accepted Answer

Dependency theory asserts that poor countries are not able to develop because they are exploited and dependent on developed countries for resources, trade, and capital. Developed countries control the international market and use their power to maintain unequal economic relations, making it hard for poor countries to improve their standard of living.

Dependency Theory Posits That