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Grant Masters
on Dec 14, 2024

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The economic success of _____ argues against the assumptions of dependency theory.

A) Ethiopia and Somalia
B) Singapore and Hong Kong
C) France and Great Britain
D) Japan and China

Dependency Theory

A theory suggesting that the economic conditions of wealthier nations are directly linked to the poverty of less developed nations, due to an unequal global system that benefits rich countries at the expense of poorer ones.

Economic Success

The achievement of financial goals and stability, often measured by factors such as income, wealth accumulation, and employment status.

  • Get acquainted with the theories delineating the causes of global inequality and mechanisms of economic advancement, such as modernization, dependency, and world-systems theory.
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preet harmanDec 17, 2024
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