Question

Critics of modernization suggest that underdevelopment is the result of postcolonialism, and that poor countries today cannot participate in the global economy because it is structured to transfer ________ to developed nations.

Answer 1

Answer:

Resources.

Explanation:

The theory of modernization refers to the development of developing and underdeveloped countries with the aid of western capitalist nations during the post-colonial period.

But scholars have criticized this theory on the basis that the modernizing principle would not be the same for all countries. Secondly, in the post-colonialism era, modernization is projected in such a way that it supplements resources from underdeveloped countries to the developed one and aids and technology are provided in exchange in the name of helping them to achieve modern western standard, it is often termed as neo-colonialism.