This Theory Critiques Modernization Theory for Failing to See Underdevelopment

question 34

Multiple Choice

This theory critiques modernization theory for failing to see underdevelopment as the inevitable outcome of long-term inequality between advanced and less developed nations.

• A)Modernization theory
• B)Dependency theory
• C)World system theory
• D)Development theory

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Definitions:

Estoppel

That state of affairs that arises when one is forbidden by law from alleging or denying a fact because of his previous action or inaction.

Legal Defense

Arguments and evidence presented by the defendant in a legal proceeding to justify or excuse their actions and oppose the plaintiff's or prosecutor's case.

Consideration

The benefit, interest, or value that induces a party to enter into a contract; essential for a contract to be legally binding.

Legal Value

The recognized worth or significance of something within a legal context, often relating to the enforceability of a contract or transaction.