LDC Advisement: Modernization Theory vs Dependency Theory The path to modernization is one never clearly defined. The following report will attempt to analyze and critique our nations potential options concerning social and fiscal policy and use this information in an attempt to recommend future policy agenda.
Dependency theory offers an almost exact opposite view on globalization than modernization does. Dependency theory does not deny this but condemns the terms under which it is done. The modernization theory states that one thing needed to modernize is" infusion of capital. " It is the case that modernization theory and dependency theory has been the prevalent perspectives regarding socioeconomic development.
Although the latter encompasses several issues, one of the main problems it wishes to interpret and resolve is the disparity between developed states (i. e. LDC Advisement: Modernization Theory vs Dependency Theory The path to modernization is one never clearly defined. The following report will attempt to analyze and critique our nations potential options concerning social and fiscal policy and use this information in an attempt to recommend future policy agenda.
First of all, it should be said that Dependency theory was developed in response to Modernization theory out of sheer criticism of the latter theory by the supporters of Dependency theory. Naturally, this fact determined the principal difference between these theories, but, nevertheless, there are still certain similarities between Modernization In this respect, it is possible to refer to Modernization theory and Dependency theory which, being quite different, still have certain similarities in their views on the modern world and relationships between developed and developing countries.
Modernization Theory Essay Modernization theory focuses on the development and progress of societies. In its examination of social formations evolving from lower levels of organization and production to higher ones, its essence lies in terms of a process of economic, social, and cultural development and change. Modernization Theory Modernization theory is a theory that explains the process of improvement from an older culture to the newest one as well as explains the changing ways of communication and media use in traditional and postmodern societies.