Economist John Kenneth Galbraith contends that some nations are held back by their own cultures. This explanation of global inequality is referred to as:
A) globalization.
B) neocolonialism.
C) world systems theory.
D) dependency theory.
E) the culture of poverty.

Question

Quizplus · Accepted Answer

Galbraith's argument that some nations' development is hindered by their cultural attitudes aligns with the concept of "the culture of poverty." This theory suggests that poverty is perpetuated by the values and behaviors passed through generations, which can hinder economic progress and development.

Economist John Kenneth Galbraith Contends That Some Nations Are Held