Answer:
Modernization theory.
Explanation:
Modernization theory is a concept used to describe a nation's cycle of transformation as it moves from a traditional to a modern one. It emerged in the 1950s as an explanation of how North America and Western Europe's industrial societies evolved. It is based on the notion that technological advancement, scientific progress, technological advancement, mobility, and economic growth are vital elements of industrial societies and continuously strives by developing nations.
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The Erie Canal was inaugurated on October 26, 1825 and its creditor was The Governor of New York, DeWitt Clinton, the Governor did not want the funds to leave the Federal Government in 1817, in return Clinton requested support for the New York Legislature to approve a channel bonus also had private investors from britain and new york
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