Dependency theory is generally used to explain how less developed countries have failed to develop economically regardless of investments from developed countries. The fundamental argument of this theory is that developing countries are heavily dependent on more developed nations. Sympathizers of peripheral nations suggest that their under-development is a result of developed nations consciously under-developing them.
specifically for you
for only $16.05 $11/page
The less-developed nations try to falsify a relationship with developed nations, especially their former colonizers, hoping to gain and improve economically. One such country is Chad in Africa. The government of Chad heavily depends on western aid like France, the USA, Britain, and other western donors for its economic growth. This theory tends to insinuate that less developed countries like Chad may never develop as long as they are part of the world capitalist system.
On the other hand, modernization theory elucidates the process of modernization in various societies. This theory argues that less developed countries should embrace modern cultural values at the same time creating modern political and economic channels.
The theory further contends that through the introduction of modern methods in technology, industrialization, as well as agricultural production meant for trade, may strengthen the economy of less developed nations like Chad. The people of Chad, especially the southerners must shun traditional ways of farming and embrace technology such as greenhouse farming, genetically modified food among others.
The farmers need to use modern farm machines to increase their farm produce. The northerners, the majority of whom are nomadic pastoralists, should adopt zero grazings as well as introducing modern breeds of cattle to increase production. By so doing, they will have fed themselves and even export the surplus.