Which theory of global stratification suggests that low-income economies can move to middle- and high-income economies by achieving self-sustained economic growth?
A) dependency theory
B) world systems theory
C) modernization theory
D) new international division of labour theory

Question

Quizplus · Accepted Answer

Modernization theory suggests that low-income economies can move to middle- and high-income economies by achieving self-sustained economic growth through the adoption of modern Western values, technology, and investment. This view holds that traditional low-income societies can only improve their economic situation by adopting Western-style modernization, including industrialization, urbanization, education, and mass media.

Which Theory of Global Stratification Suggests That Low-Income Economies Can