Identify and Explain the Three Types of Alternative Resolution

question 41

Essay

Identify and explain the three types of alternative resolution.How do they differ? When is each used?

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Definitions:

Dependency Theory

A theoretical perspective that criticizes the global economic system as perpetuating inequality between developing and developed nations.

World Systems

A socio-economic model that emphasizes the world-economy as a complex system structured by political and economic relations that extend across global territories and peoples.

Modernization Theory

A theory suggesting that traditional societies will develop economically as they adopt more modern practices and technologies.

Global Village

A term coined to describe a world in which communication technology has virtually eliminated geographical distances, making the world more interconnected.