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What are some of the objections that have been raised against dependency theory? Do these objections apply to both the "hard" and "soft" dependency theories? Explain.

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Some of the objections raised against de...

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What is the relationship between a society's position in the world-economy and its form of government? Why do we find such connections between economics and politics?

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The relationship between a society's pos...

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The "new dependency" that Dos Santos speaks of involves the:


A) colonization of precapitalist regions by the most advanced Western countries
B) heavy investment of big capitalists in the world's most backward regions for the purpose of extracting raw materials
C) extensive transnational investment in underdeveloped nations
D) increasing indebtedness of the underdeveloped nations to core banks and other Western financial institutions

E) None of the above
F) B) and C)

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The ISI strategy tends to be limited in which of the following ways?


A) there is only so much consumer demand for domestic products
B) it has a limited ability to create jobs
C) it maintains a dependence on imported capital goods
D) all of these

E) A) and B)
F) C) and D)

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Sanderson and Alderson claim that the economic development experienced by Taiwan and South Korea in recent decades:


A) suggests that there is a fundamental flaw in radical theories of underdevelopment
B) can be explained in terms of soft dependency theory or world-system theory
C) can be explained only by modernization theory

D) All of the above
E) B) and C)

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Explain the basic premises of the dependency approach to underdevelopment. In your answer, be sure to distinguish between the "hard" and "soft" versions of dependency theory.

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The dependency approach to underdevelopm...

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In general, the modernization theorists have seen the solutions to problems of underdevelopment to lie in:


A) the withdrawal of the underdeveloped countries from the capitalist world- economy
B) the development of socialism
C) greater fiscal austerity on the part of Third World governments
D) greater contact between the underdeveloped countries and the developed world, especially in the form of greater capital investment and more diffusion of technology

E) A) and C)
F) B) and C)

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The development strategy known as "import substitution industrialization" ISI) involves:


A) limiting the importation of foreign goods and concentrating on development for the domestic market
B) rejecting some foreign imports and substituting other imports for them
C) producing consumer goods for sale in the world market

D) A) and B)
E) A) and C)

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Which of the following quotes exemplifies the character of modernization theory?


A) "the US is a rich old uncle trying to teach his nephews the secret of success"
B) "a woman is just a woman, but a cigar is a good smoke"
C) "the US is a neocolonialist monster trying to bend the Third World to its will"

D) A) and B)
E) A) and C)

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Research by James Mahoney shows that those areas of Spanish America that were most heavily and extensively colonized centuries ago are currently:


A) the most developed parts of Spanish America
B) the least developed parts of Spanish America
C) at about the same level of development as those areas that were least heavily colonized centuries ago

D) B) and C)
E) A) and C)

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