Final answer:
Modernization theorists believe that low-income countries need to modernize their attitudes toward economic activity and technology. Economic growth promotes structural changes and the establishment of democratic institutions. However, modernization theory has been criticized for its ethnocentric bias and assumptions.
Step-by-step explanation:
Modernization theorists believe that poor societies need to modernize their attitudes toward economic activity as well as their technology. According to modernization theory, low-income countries can improve their global economic standing through industrialization and improved technology. This theory suggests that economic growth promotes structural changes in society that lead to increased political representation and the establishment of democratic institutions. However, it is important to note that modernization theory has been criticized for its inherent ethnocentric bias and for assuming that becoming more like core nations is always positive.