DEPENDENCY THEORY
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Title: DEPENDENCY THEORY

Essay Details:

Subject: Business
Author: Debra L
Date: August 24, 2015
Level: University
Grade: A
Length: 4 / 915

Essay text:

This state of dependency is multifaceted, involving economics, media control, politics, banking and finance, education, sport and all aspects of human resource development. 3) Any attempt by the dependent nations to resist the influences of dependency will result in economic sanctions and/or military invasion and control. Dependency theory first emerged in the 1950s, advocated by Raul Prebisch whose research found that the wealth of poor nations tended to decrease when the wealth of rich nations increased. SPREAD OF THEORY Dependency theory became popular in the 1960s and 1970s as a criticism of modernization theory (also known as development theory) that seemed to be failing due to the continued widespread poverty of large parts of the world...

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