Dependency theory identifies multinational corporations based in industrialized capitalist societies as:

Question

Quizplus · Accepted Answer

Dependency theory argues that multinational corporations from industrialized countries perpetuate a new form of imperialism called neoimperialism, where they dominate and exploit the resources and labor of less developed countries without any colonial control. This is achieved through unequal trade relationships and transferring profits back to the home country, resulting in underdevelopment and dependency in the host country.

Dependency Theory Identifies Multinational Corporations Based in Industrialized Capitalist Societies