1. Theories of Development
All these are discussed collectively below in the theory explained below with several case studies listed as examples. World System Theory This theory was put forward by Immanual Wallerstein in his book The Modern World System: Capitalist Agriculture and the Origins of the European World Economy in the Sixteenth Century. He develops a theoretical framework to show that while some countries benefit from the world economic system, the others are taken advantage of. ... The production of goods in the labor systems that were designed in the world economic system were not just for domestic utiliza...
- Word Count: 1668
- Approx Pages: 7
- Has Bibliography
- Grade Level: Undergraduate