Examlex
Which of the following statements is TRUE?
Dependency Theory
A theory suggesting that the economic growth of developing countries is hindered by their dependence on developed countries, leading to unequal international relations.
Cycle of Debt
A repetitive sequence where a borrower incurs new debt to pay off existing debts, often leading to worsening financial conditions.
Prevented Industrialization
The hindrance or delay of the industrial development process in a country or region, often due to external or internal factors.
Colonization
The act of establishing control over a foreign land and its people by a country or group, often leading to exploitation and cultural assimilation.
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