According to Andre Gunder Frank and other critics of modernization, what effect did capitalism have on poorer countries?
A)Capitalism aided in modernization of poorer countries.
B)The capitalist system generated underdevelopment in poorer countries.
C) Capitalist enterprises aided in the development of democracies in poorer countries.
D) Foreign investment helped build civil infrastructure in poorer countries.

Question

Quizplus · Accepted Answer

According to Andre Gunder Frank and other critics of modernization, capitalism created a system of dependency whereby poorer countries became dependent on developed countries, resulting in underdevelopment and exploitation. The flow of resources, wealth, and technology was highly unequal, with developed countries enriching themselves at the expense of the underdeveloped countries. Therefore, option B is the best choice as it aligns with Frank's theory.

According to Andre Gunder Frank and Other Critics of Modernization