EDRD 4010 Lecture Notes - Lecture 4: Marquis De Condorcet, Modernization Theory, Dependency Theory
Document Summary
A process that a society is going through and an end product that they are trying to achieve. Factors such as social, cultural. , economic, political, and environmental components are considered to varying degrees typically economic variables are weighed carefully. Underdeveloped regions or nations have unequal distribution of wealth, decision making- power, and access to resources. Economic fragility due to its dependency on the agricultural sector and export of primary products. A low standard of living for the majority of the people in the nation. Development theories are a combination of the ideological ends of development and the strategic means of achieving them (telfer & sharpley, 2008) Normative theory concerned with what should be and is based on value systems. Objective theory concerned with what is and is based on measurement rather than and judgement evaluation. Four theoretical principals: modernization theories, globalization, dependency theories, the world systems approach. Stages of growth: pass through western development stages.