Which theory argues that it is cultural and social differences that have caused the economic disparity in the world today?
A) modern systems theory
B) modernization theory
C) world systems theory
D) world economic theory
E) globalization theory

Question

Quizplus · Accepted Answer

Modernization theory argues that cultural and social differences are key factors in the economic disparities observed globally, suggesting that traditional societies can develop economically by adopting modern practices.

Which Theory Argues That It Is Cultural and Social Differences