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-In the above figure, curve D slopes downward because
Modernization Theory
A theory suggesting that traditional societies will develop economically and socially to adopt the characteristics of industrialized societies through processes like technological innovation.
Underdeveloped Countries
describes countries with low levels of industrialization, inadequate infrastructural facilities, and a generally low standard of living.
Internal Characteristics
Traits or features that originate within an individual or entity, defining their innate qualities or attributes.
Dependency Theorists
Scholars who argue that economic disparities between nations arise from the exploitation of poorer countries by wealthier ones, leading to a state of dependency.
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