Answer:
All the model, i.e. the Moderization model, Walt Rostow's, Brandt line, Wallerstein's systems theory and neocolonialism help predicting whether any country has a high development or poor development.
Explanation:
All the models helps to predict different developments in a country. They provide explanations to the disparities in the economic development. The Wallerstein's systems theory is used to divides the world according to the development in them as the core nations, semi-periphery nations and periphery nations. The core nations are the most developed nations in the world. The developing countries are termed as semi periphery nations while the underdeveloped nations are the periphery nations.
The theory of Wallerstein's systems intersects the model of Brandt Line. According to the Brandt Line Model, the world is divided into North and South. According to this model, the countries in the North are the developed nations.
According to the perspective of a neocolonialist, the core nations were colonizers of the peripheral nations. So they dictate the trade and economies of the underdeveloped nations and their independences.
The economic growth is required for the periphery countries in order to shift from subsistence economies to the industrialization, as demanded by the Rostow's, Moderization model.
