The economic success of _____ argues against the assumptions of dependency theory.

Question

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Dependency theory argues that developing countries are dependent on developed countries in terms of economy and resources, and that they cannot achieve economic success on their own. However, Singapore and Hong Kong, both considered as developed countries, have achieved significant economic success on their own, without depending on other countries. Their success contradicts the assumptions of dependency theory.

The Economic Success of _____ Argues Against the Assumptions of Dependency