Explain the essential distinction between the stages of growth theory and the neoclassical dependence model. Which model do you think provides a better explanation of the situation in most of the third world countries
Answers
demand, urbanization, international trade, distribution, and growth in populationd. Neocolonial Dependence Modeli. This model is in accordance to Marxism, for which this focuses on the gaping relationship between developed (central) states and developing (periphery) states. Based on old colonial rule of a country, along with militarization, pacts, tribe customs, etc, this theory explains through the course of history for a country to systematically have such a gap for developing and developed worlds.e. False paradigm Modeli. This model revolves around how developing third world countries are caused by faults of international aid agencies like the International Labor Organization (ILO), United Nations and Development Program (UNDP), United Nations Conference on Trade and Development (UNCTAD). The fact that the model describes an entity controlling votes of these organizations to take control and achieve individual or personal tasks instead of the collectivistic well being of the country (public choice theory).Out of all the models, the Neocolonial Dependence Model would make the most sense for most developing nations because all the other elements are based upon just the economic drive of the nation. The Neocolonial dependence theory describes nations rules back then on how things should operate and be gapped, which explains the systems how developed countries rarely do