B. Khosa 

34713484 

According to K. Phajane (2021) modernization  is process that includes social, cultural and economic transformation where a country run  around pre-industrial or undeveloped status while following developed countries. Theorists augured that the less develop countries can be developed if they stop following their cultures because it take them backwards  and this hinder the process of modernization. Modernization theory believes that poor countries they are going to develop into modern economies they fail to do this because they resist market principles or they do not want to follow western values. The Rostow’s modernization theory have 5 stages of growth such as the traditional society, pre-conditions for take off,  The drive to maturity and high mass of consumption. All countries have to follows these stages for development. The country is classified modern when it has high population of people living in urban areas than rural areas Also when people have freedom.

According to K. Phajane (2021) dependency theory this started in result of failure of the modernization. The dependency theory is a situation when an economy and the development is on another expenses and which the former is taken into account. It’s a relationship between two or more independent economies. This g happens when a country experience growth than other countries. Example MDCs (more developed countries) can have negative or positive effect on LDCs (less developed countries).

Reference list

 K. Phajane. 2021.Modernisation and dependency theories . part 6[PowePoint presentation]. Unpublished lecture notes on efundi. SOCY211.Vaal: NWU