This theory was developed in the 1950s, to explain how both the development and the underdevelopment of countries are related in the international system. this theory simply answers why some countries are poor and some rich. what theory is this?
Question: This theory was developed in the 1950s, to explain how both the development and the underdevelopment of countries are related in the international system. this theory simply answers why some countries are poor and some rich. what theory is this?
One of the most influential theories in the field of development studies is the dependency theory. This theory was developed in the 1950s, to explain how both the development and the underdevelopment of countries are related in the international system. This theory simply answers why some countries are poor and some rich. According to this theory, the world is divided into two groups: the core and the periphery. The core consists of the wealthy and powerful countries that dominate the global economy and politics. The periphery consists of the poor and weak countries that depend on the core for trade, aid, and investment. The core exploits the periphery by extracting its natural resources, cheap labor, and markets, while preventing it from industrializing and diversifying its economy. The result is a cycle of dependency and underdevelopment that is hard to break.
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