Modernization theory identifies which of the following as the greatest barrier to economic development?
A)technology
B)multinational corporations
C)capitalism
D)traditional culture

Question

Quizplus · Accepted Answer

According to modernization theory, traditional culture is seen as a barrier to economic development because it is viewed as resistant to change and modernization. Traditional cultural values and practices are believed to hinder the adoption of new technologies, the development of market-oriented economies, and the emergence of entrepreneurial and individualistic attitudes. Therefore, in order to achieve economic development, traditional culture needs to be modernized or replaced with more progressive values and practices.

Modernization Theory Identifies Which of the Following as the Greatest