Examlex
Instructions: Identify the following terms.
"soft on communism"
Dependency Theory
Views economic underdevelopment as the result of exploitative relations between rich and poor countries.
Modernization Theory
Holds that economic underdevelopment results from poor countries lacking Western attributes, including Western values, business practices, levels of investment capital, and stable governments.
Development Theory
An extensive category of theories that seek to explain the processes, strategies, and mechanisms by which societies progress economically, socially, and politically.
Global Spending Priorities
The allocation and distribution of financial resources across various sectors globally, influenced by economic policies, societal needs, and international agreements.
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