Dependency Theory

Dependency theory arose to be a reaction to modernization concept, an earlier concept of development which held that societies progress as a result of similar stages connected with development, that current underdeveloped parts are generally thus in the equivalent circumstance to that connected with current formulated parts once or twice previously, knowning that and so the job in aiding the actual underdeveloped parts from lower income should be to accelerate these combined this expected widespread journey connected with advancement, by simply different implies such as investment, technologies transfers, and deeper integration into the planet market.