6. Dependency Theory is one of two major explanations for the unequal distribution of the world’s...

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6. Dependency Theory is one of two major explanations for theunequal distribution of the world’s wealth and power. Who was itsleading proponent and what does it claim to be the role of HighIncome nations in global economic development

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Dependency Theory developed in the late 1950s under the guidance of the Director of the United Nations Economic Commission for Latin America Raul Prebisch Dependency theory differs from most Western approaches to studying political development One difference is that this approach originated in the Third World primarily Latin America rather than among Western academics Third World dependency thinkers were concerned with explaining the unequal and unjust situations in which they and their nations found themselves Third World    See Answer
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