Examlex
Explain how the transportation simplex method can be used to solve a transportation problem that has a maximization objective.
World Systems Theory
A framework for understanding the historical and contemporary social structures of global inequality, delineating countries as core, periphery, or semi-periphery.
Modernization Theory
A theory in sociology that suggests that societies progress from traditional to modern states through processes like industrialization and democratization, improving living standards and social norms.
Economic Development
The process by which the economic well-being and quality of life of a nation, region, or local community are improved according to targeted goals and objectives.
Modernization Theory
A theory suggesting that traditional societies will develop economically and socially to become more 'modern', following the patterns of Western societies.
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