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"Which theory is a model of economic development that explains global inequality in terms of the historical exploitation of poor societies by rich societies?"

User Shenkwen
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Modernization theory

Modernization theory is utilized to demonstrate the method of transformation inside communities. Modernization introduces to a pattern of a reformist transformation from a 'pre-modern' to 'modern' society. This theory introduced from the beliefs of Max Weber a sociologist of Germany, which presented the foundation for the modernization paradigm. The theory examines the physiological determinants of a nation while understanding that with support, "traditional" nations can be brought to advancement in a similar manner more developed nations have been.

User Willy Lazuardi
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