Modernization theorists argue that developing countries benefit greatly when they
A) encourage government intervention in the economy to spur economic development.
B) let the natural forces of competition determine which individuals become successful and which do not.
C) colonize weaker nations on their borders.
D) stem from a single economic system.

Question

Quizplus · Accepted Answer

Modernization theorists believe that allowing market forces and competition to operate freely leads to economic development and modernization, as it encourages efficiency, innovation, and the allocation of resources to their most productive uses.

Modernization Theorists Argue That Developing Countries Benefit Greatly When They