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"MODERNIZATION THEORY"
2 Historical Events:
a. Columbian Exchange
-This refers to the spread of goods, technology, education and diseases between
the Americas and Europe after Christopher Columbus’s so-called “discovery of the
Americans”.
-This is when new technologies, like stream power and mechanization, allowed
countries to replace human labor with machines and increase productivity.
1. Traditional stage - refers to socities that our structured around small, local
communities with production typically being done in family settings.
2. Take -off stage - people beggin to use the individual talents to produce things
beyond the necessities.
3. High mass consumption - it is when your country is big enough that production
becomes more about wants than needs.
-The United states,which began as colonies, soon sprawled out through the north
America and took control of Haiti,Puerto Rico,Guam,the Philippines,the Hawiian Islands,
and parts of Panama and Cuba.
After the second world war ,there are many questions about International
relations.One of those questions was "Why are many countries in the world not
developing?" The traditional answer was because these country are not pursuing the
right economic policies or their governments are authoritarian and corrupt.Latin
American scholars ,however are critical of that answer and are intrigued by their
region's underdevelopment.
According to Cardoso and Felato,dependency is the condition in which the
condition of the nation-states of the South contributed to a decline in their independence
and to an increase in economic development of the countries of the North. In addition, it
argues that liberal trade causes greater improverishment,not economic improvement to
less developd countries (Toye,2003).
Dependency theory was initially developed by Hans Singer and Raul Prebisch in
the 1990's and has been improved since then.The two sub main theories are the North
American Neo- Marxist approach and the Latin American structuralist approach
(Sanchez,2014).
-Core countries are more industrialized nations whoreceived the majority of the world's
wealth.
-Peripheral nations are countries that are less developed and receive unequal
distribution of the world's wealth.
Accordingly, less developed periphery countries are said to primarily serve the
interests of the wealthier countries and end up having a little to no resources to put
toward on their own development.Periphery nations end up spending more money on
the processed food.Their small economies may also rely on core nations for medical
and nutritional aid.
Andre Gunder Frank contented the idea that less develop countries would
develop by following the the path taken by the developed countries.
The idea of dependence refers to the conditions under which alone the
economic and political system can exist and function in it's connections with the world
productive structure.ln other words the very use of the term "dependency" was used to
underscore the extent to which the economic and political development of poor
countries was conditioned by the global economy,whose center of gravity was located in
the developed countries.