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Lydia espouses the dependency theory understanding of why some countries remain undeveloped. Specifically, she contends that economic development arises from relinquishing traditional cultural values. exploits

Lydia espouses the dependency theory understanding of why some countries remain undeveloped. Specifically, she contends that economic development arises from relinquishing traditional cultural values. exploits the least powerful nations to the benefit of wealthier nations that then control their political and economic systems. requires embracing new technologies and a market economy. has resulted in a single economic system stemming from the development of a world market

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