REA SENOKWANE

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R SENOKWANE

compare and contrast the core tenets of the modernization and the dependency theories.

6 Jul 2021, 17:57 Publicly Viewable

Modernization is the process of social, cultural and economic transformation in which the countries evolves from the pre industrial to modern societies in the prescription of the MDCs. while the dependency is the situation whereby the development and the expansion of one economy is at the expense of another economy in the form of exploitation and colonialism. Modernization wants the societies to evolve from the traditional culture to modern because if they don't it is hindering the process of the modernization. while in the dependency theory they talk about the satellites and the metropole and in the satellites they produce raw materials and in the metropole they buy the raw materials in a lower price and they make a huge income from the raw material, it is exploitation as they capitalist their main goal at the end of the day is the profit.  In modernization we have five stages that leads the LDCs to MDCs and they are traditional society - pre-conditions for take off- take off- the drive to maturity and the high mass consumption. And in the modernization it is important to have economic progress conditions for some other purpose. in the dependency theory it takes when some countries are experiencing the growth in the expenses of the other country and it is caused by the postcolonial and the colonialism. if the countries are less developed are independent, those countries that are dominant they won't experience any growth no more.