A new version of the economic structuralist theory was created based upon Latin American countries' inability to achieve economic development after World War II. This theory was called
A) world system theory.
B) dependency theory.
C) modernization theory.
D) revisionist Marxist theory.

Question

Quizplus · Accepted Answer

The economic structuralist theory based on Latin American countries' inability to achieve economic development after World War II is known as dependency theory. This theory argues that the underdevelopment of third world countries is a result of their economic dependency on developed countries.

A New Version of the Economic Structuralist Theory Was Created