According to modernization theory, the major barrier to economic development in poorer countries is richer countries.

Name: According to modernization theory, the major barrier to economic development in poorer countries is richer countries.
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Modernization theory suggests that the major barrier to economic development in poorer countries is internal factors such as traditional social structures and lack of modern institutions, rather than external influences from richer countries.

According to Modernization Theory, the Major Barrier to Economic Development