Examlex
You are considering staying in college another semester so that you can complete a major in economics.In deciding whether or not to stay you should
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.
Technological Change
The process by which new technologies are developed and introduced into society, influencing various aspects of life.
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