Serge argues with his professor, saying that the reason why Latin America continues to be poor is due to the greed of countries like Canada and the United States, which keep Latin America trapped in a cycle of debt. What theory is Serge's argument informed by?
A) dependency theory
B) world systems theory
C) modernization theory
D) new international division of labour theory

Question

Quizplus · Accepted Answer

Serge's argument aligns with dependency theory, which posits that economic disparities between nations are maintained through a global system that benefits wealthy countries at the expense of poorer ones, often through mechanisms like debt and trade imbalances.

Serge Argues with His Professor, Saying That the Reason Why