Asked by Edgar Perfecto on Apr 24, 2024
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The foundation for modernization theory is the belief that poor countries should naturally want to be like industrialized nations since they are doing so well.
Modernization Theory
A model of economic and social development that explains global inequality in terms of technological and cultural differences between nations.
Industrialized Nations
Countries that have significantly developed their industries and infrastructure, leading to a high standard of living and advanced technological capabilities.
- Comprehend key concepts of international inequality and their insights on economic trends.
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Learning Objectives
- Comprehend key concepts of international inequality and their insights on economic trends.
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