Dependency theorists argue that low-income countries are locked in a downward spiral of poverty. This is due, they argue, to what process?
A) lack of regulation
B) lack sufficient experience with multinational corporations
C) exploitation by wealthy countries
D) absence of values and beliefs that contribute to economic growth

Question

Quizplus · Accepted Answer

Dependency theorists argue that low-income countries are stuck in a cycle of poverty because they are being exploited by wealthier countries. This exploitation can take the form of unequal trade relationships, domination of multinational corporations, and the extraction of resources from poorer countries by richer ones. The dependency theory argues that this cycle creates a structural imbalance in the global economy that perpetuates poverty and inequality.

Dependency Theorists Argue That Low-Income Countries Are Locked in a Downward