Which type of theorist would argue that a low-income society can develop if people give up their traditional ways and adopt modern economic institutions,technologies,and values?
A) world systems
B) dependent development
C) neoliberalism
D) modernization
E) state centered

Question

Quizplus · Accepted Answer

This statement reflects the ideas of modernization theory, which argues that traditional societies can develop and improve their economic conditions by adopting modern economic institutions, technologies, and values. Modernization theory suggests that low-income countries can achieve economic growth and development similar to that of high-income countries by following the same path of industrialization and modernization. The other options listed do not share this particular perspective on economic development.

Which Type of Theorist Would Argue That a Low-Income Society