1. European Colonialism in Africa
The Dependency theory is a theory that argues that, due to the exploitative nature of the relationship between advanced capitalist (western) societies and the Third World, the development of the former resulted in the underdevelopment of the latter. Because of its reliance on external sources of demand and investment opportunities, Western capitalism penetrated virtually all parts of the Third World and eventually laid down the foundations of dominance-dependence relationship structures between North and South which tended to engender and perpetuate underdevelopment in the Third World....
- Word Count: 3051
- Approx Pages: 12
- Has Bibliography