1. Globalization: Modernization vs. Dependency Theory
In this phase the industry of society has grown to a point where technology is ever increasing because of the need for companies to compete with each other to appeal to the consumer. ... For example the political leaders of the United States could offer Third World country "XYZ" 2 billions dollars in reparation aid because they are recovering from war. ... Not only do these companies take labor away from the country, but they also consume natural resources that are not kept in the country to be consumed by the population, but exported to wherever the highest demand and biggest price will be pa...
- Word Count: 1216
- Approx Pages: 5
- Grade Level: Undergraduate