Politics and development in the world"s poorest countries. This requires moving from an economy centred on the production of unprocessed natural resources to one that turns them into finished goods. Economic growth has often come through unrestrained exploitation of natural resources. From an environmental perspective, third world economic growth that brings consumption levels like those of the richer countries would be disastrous. Market models: there have been 2 major market models, modernization theory. Very important from 1950-70 - agued that poor countries has to change their traditional values, institutions, and practices in order to develop. Poor countries have to change their cultural outlook, social structure, economic organization, and political system based on the model of the advanced western societies. This would set in motion a process that would break down old social orders and lead to a democratic government, as well as produce more wealth. Unfortunately, this did not work: dependency theory.