SOSC 1910 Lecture Notes - Lecture 4: Local Purchasing, Gross Domestic Product, Barter

• School: York University
• Department: Social Science
• Course: SOSC 1910
• Professor: Nadiah Habib

Document Summary

Lecture # 4: initial interventions & their critiques. Theoretically, social scientists and theorists have shifted their focus since. Theories began to develop on how the underdeveloped countries could attain development: first on the scene, modernization theory. The first phase of development discourse: post-war restructuring and bretton woods. The second phase of development discourse: and the golden years 1950-1960s in which some of these theories developed. This model was developed by economists, theorists and bureaucrats who were far removed from the third world . Modernization theory claimed that the reason for the third world"s underdevelopment was internal, because the third world had not modernized successfully, the modernization theory advanced a theoretical model based on the experience of the development of. Britain, us and japan (particularly the british model) and suggested that these models be applied as a template onto developing countries and advanced that all societies were alike and followed the same stages. Societies must pass from the traditional stage .