Modernization theory argues that:
A) state-run economies are most efficient for creating modernized countries.
B) low-income countries must preserve their traditional cultures to develop.
C) high-income countries have a responsibility to give free resources to low-income countries.
D) low-income societies can develop economically only if they give up their traditional ways and adopt modern economic institutions, technologies, and cultural values that emphasize savings and productive investment.

Question

Quizplus · Accepted Answer

Modernization theory argues that low-income societies can only develop economically if they give up their traditional ways and adopt modern economic institutions, technologies, and cultural values that emphasize savings and productive investment. This means that traditional cultures may need to be modified or abandoned in order to achieve economic growth and prosperity. State-run economies are not necessarily seen as the most efficient, and high-income countries are not expected to give resources for free.

Modernization Theory Argues That