Dependency theory has difficulty accounting for the success of many of the settler nations.

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Dependency theory focuses on the idea that underdeveloped countries are exploited by developed countries, which stunts their growth and development. However, it has difficulty explaining the success of countries like the United States, Australia, and Canada, which were also settlers nations like those in Latin America, Africa, and Asia. These nations were able to overcome their reliance on colonial powers and develop economically, which contradicts some of the main tenets of dependency theory.

Dependency Theory Has Difficulty Accounting for the Success of Many