📚 Learning Guide
Dependency Theory and Global Trade
hard

Dependency Theory suggests that middle-income countries, such as India and Brazil, are entirely self-sufficient and do not rely on the economic core for growth.

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A

True

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False

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Answer

Dependency Theory actually argues the opposite of what you've stated. It suggests that middle-income countries like India and Brazil often depend on wealthier, developed nations for their economic growth. This means that while they may have some self-sufficiency, their economies can still be heavily influenced by the decisions and actions of more powerful countries. For example, if a developed country decides to reduce its imports from Brazil, it could negatively impact Brazil's economy, showing how interconnected and dependent they are. Therefore, Dependency Theory highlights the challenges these countries face in achieving true independence and sustainable growth.

Detailed Explanation

Middle-income countries often depend on richer countries for trade and resources. Other options are incorrect because Some might think these countries can grow alone.

Key Concepts

Dependency Theory
Global Trade
Economic Inequality
Topic

Dependency Theory and Global Trade

Difficulty

hard level question

Cognitive Level

understand

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