What is the difference between dependency theory and the modern world system?

What is the difference between dependency theory and the modern world system?

Dependency theorists tend to focus on the power of transnational classes and class structures in sustaining the global economy, whereas world systems analysts tended to focus on the role of powerful states and the interstate system.

What are the two theories of modernization?

There are two main aspects of modernisation theory – (1) its explanation of why poor countries are underdeveloped, and (2) its proposed solution to underdevelopment.

How is dependency theory a response to modernization theory?

The theory arose as a reaction to modernization theory, an earlier theory of development which held that all societies progress through similar stages of development, that today’s underdeveloped areas are thus in a similar situation to that of today’s developed areas at some time in the past, and that, therefore, the …

How is dependency theory and modernization theory similar?

At the same time, both Modernization and Dependency theories underline that the relationships between developed and developing countries is unequal and there exist a kind of dependence of developing countries on developed ones, though the views on this dependence vary considerably.

How do modernization and dependency theory differ in their explanations of global stratification?

Whereas modernization theory attributes global stratification to the “wrong” cultural values and practices in poor nations, dependency theory blames global stratification on the exploitation of these nations by wealthy nations.

What are the strengths of dependency theory?

To start with, dependency theory has the following strengths. Firstly, the theory analyses the inequality existing between the poor and the rich countries. Moreover, the theory breaks some political bonds and explains reasons why the wealthy nations are taking advantage of the poor countries (Doukhan, 2003).

What is modernization theory explain?

Modernization theory suggests that traditional societies will develop as they adopt more modern practices. Proponents of modernization theory claim that modern states are wealthier and more powerful and that their citizens are freer to enjoy a higher standard of living.

What is modernization and dependency?

Modernization theory holds that increases in technology will increase wealth throughout the globe, and that low-income nations can follow the path taken by wealthier, modernized nations. Dependency theory holds that some nations gained wealth at the expense of other nations, especially through colonization.

What are the 5 stages of modernization theory?

– Hoselitz – education is most important as it should speed up the introduction of Western values such as universalism, individualism, competition and achievement measured by examinations. – Inkeles – media – Important to diffuse ideas non traditional such as family planning and democracy – Hoselitz – urbanisation.

What are the assumptions of modernization theory?

– industrialization – urbanization – rationalization – bureaucracy – mass consumption – the adoption of democracy

What is an example of dependency theory?

Poor economic growth in developing nations results from the difference in unequal exchange with advanced countries.

  • Undeveloped and underdeveloped countries are highly dependent on advanced nations.
  • The dependency theory also explains that underdeveloped countries could use their resources to advance themselves.
  • What are the criticisms of dependency theory?

    While the dependency theories have provided a welcome critique from the South about the North, they were not without some shortcomings and critics. The principal criticism of dependency theories has been that the school does not provide any substantive empirical evidences to support its arguments.