Question

critically examine dependency theory as a tool for understanding underdeveloped nations​

Answer 1

Dependency theory basically means that resources are taken from the poor underdeveloped countries to enrich developed states at the expense of the poor nations.

During the colonial period for example, The British East India Company exploited the indian economy by taking too much wealth in the form of raw materials, the materials were processed and sold back to the people of India at high costs.

Underdeveloped nations can be referred to as third world countries and they develop at a lower rate as a result of dominance and oppression of other developed states.