Therefore according to the Modernization Theory, the modernisation of the developing countries politically and socio-economically taking examples of western countries as examples is the only key to solve the problem of backwardness of the developing or poor countries.
Policies are then explained to and approved by lenders; the local economy then invariably opens to foreign capital, Hogan and Peterson, It was boosted by the emergence of capitalism and the advancement of the industrial revolution.
Similarities between the Modernization theory and Dependency Theory It has been found that the Dependency theory grew due to the criticism of the Modernisation Theory by the supporters of Dependency Theory. Smith, cited in Matunhu pointed out that; modernisation is about exchange of older agriculture practices with something more recent.
Main body structural functionalism vs. Policies are then explained to and approved by lenders; the local economy then invariably opens to foreign capital, Hogan and Peterson, So colonialism played a pivotal role in the socio-economic stratification of societies.
The lack of initiative to modernize in developing nations can be attributed to the following; the adoption of inappropriate policies and false inappropriate advice from Eurocentric experts from developed countries, increasing differences between the rich and poor countries, and poor resource allocation.
In addition the stage encourages savings and investment. It then attempts to determine which theory explains what is going wrong in developing countries.
And the last stage is Period of mass consumption where the economy gears on mass production and service sector becomes increasingly dominating.
Unlike the modernisation theory, the dependency theory puts forward the argument that western countries impose their politics and their rules to developing countries forcing them to accept western standards and norms.
This leads to urban explosion and growth of cities.
Page 3 of 11 According to Sharmila, dependency theory is the relationship between two or more countries assumes the form of independence when some dominant ones can do this as reflection of the expansion. The modernization theory suggests that all other countries can acquire modernity based on the idea of growth and expansion of capitalism and industrialism.
The essay begins by defining theory.
Proponents argue that for a country to be considered modern, it has to undergo an evolutionary advance in science and technology which in turn leads to increased standards of living. The modernization theory has its shortfalls in that it dictates Western and European theories as recommended values.
Agriculture is the dominant form of production and the central organizing social elements are clan or extended family relationships. The reason being the western ways of development according to the Modernization Theory is the right way to achieve prosperity Modernization theory and Dependency theory, Plan Introduction… background of topic: Secondly, it defines the modernization and dependency theories and their examples that attempt to offer an explanation on what is going wrong in developing countries.
Thirdly it has been argued that dependency theory offers no suggestion or actual blueprint for development, unlike modernisation theory which is characteristically an archetype for development due to the influence of structural functionalism. It becomes all the more important to mention the case of China over here which is progressing fatly economically and that too without following the dominant western way of development.
And the stronger the elite the greater the progress. This is the reason why the supporters of Modernization theory emphasise the importance of developing a mutual cooperation between developing and developed countries so that the developing nations can come closer to the developed countries.
The modernisation theory suggests that development is a linear evolutionary process that should follow the stages and the way developed countries developed. While the developing nations are considered to be examples of socio-economic and political backwardness.
Larger ships with larger engines were invented and American exports tripled in to Get Full Essay Get access to this section to get all help you need with your essay and educational issues. Societal organization is based on kinship and monarchy, tools and weapons are primitive, animals are used for farming and transportation, communication relies on marathon, drums and smoke, there is limited social mobility and, wealth is determined by material possession.
However, as is common knowledge, the First World countries in present-day are no manner near perfection; often plagued with recurring economic downfalls and financial crises with existing cases of poverty, high accounts of anti-social behaviour and other social discrepancies.
Societies are treated as structural functional wholes, made up of institutions and individuals in structural positions. Dependency theory states that for successful development it must be state led development.
It becomes all the more important to mention the case of China over here which is progressing fatly economically and that too without following the dominant western way of development.
The Stages of Economic Growth: Modernisation with its neo liberal doctrine places emphasis on privatisation and market led development. This commonality is however, a crucial element in understanding development theory in the context of the twenty first century.
Contrast Dependency And Modernisation Theory About 50 years ago, the freshly decolonised, 'underdeveloped' nations began a frenetic process of catching up with the West. 'Development' meant economic growth and industrialisation.
The Dependency Theory however, is opposed to all the assessments and solutions offered by the Modernization Theory. The Dependency Theory argues that the plight of the Third World is as a result of the rapid economic growth and economic development in the First World countries.
In stark contrast to Modernization theory, Dependency theory underlines that relationships between developing and developed countries are based not on the growing cooperation between them but rather on the dependence of developing countries on developed ones.
Modernization Theory believes that social equality is the result of material growth while Dependency Theory believes that eth dependent country enhances social inequality which can lead to political authoritarianism (Modernization theory and. Compare and contrast modernization theory, dependency theory, and globalization theory.
Which do you think is more useful for explaining It looks like you've lost connection to our server. Modernisation and Dependency Theory Essay Sample. The aim of this essay is to compare and contrast the modernization and dependency theories.
It then attempts to determine which theory explains what is going wrong in developing countries.Contrast dependency and modernisation theory