Dependency Theory and Development in Latin America

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Questions and Answers

What theoretical traditions form the basis of dependency theory?

  • Marxism and Latin American structuralism (correct)
  • Capitalism and socialism
  • Class and mode of production
  • Imperialism and liberalism

What did Raul Prebisch argue regarding liberal assumptions?

  • He ignored them
  • He modified them
  • He rejected them (correct)
  • He supported them

Why did Prebisch recommend LDCs to adopt import substitution industrialization (ISI) policies?

  • To increase reliance on imports
  • To decrease their dependency on developed countries
  • To promote free trade
  • To produce industrial goods domestically (correct)

How did Prebisch's view on primary products differ from the demand for industrial goods?

<p>People demanded more industrial goods as incomes increased (C)</p> Signup and view all the answers

What problems were associated with the implementation of import substitution industrialization (ISI) policies?

<p>Growing balance-of-payments deficits (D)</p> Signup and view all the answers

According to dependency theorists, what is the primary factor inhibiting the development of less developed countries (LDCs)?

<p>Exploitation and unequal power dynamics with developed countries (DCs) (B)</p> Signup and view all the answers

What is the main criticism of dependency theory regarding its conceptual clarity?

<p>It categorizes states as either dependent or independent, without accounting for varying levels of dependence (A)</p> Signup and view all the answers

Which of the following is NOT a criticism of dependency theory?

<p>It prescribes a breaking of linkages with the core and a socialist revolution as a solution (A)</p> Signup and view all the answers

According to orthodox Marxists, what is the primary criticism of dependency theorists?

<p>They are overly nationalistic and emphasize relations of exchange over relations of production (A)</p> Signup and view all the answers

Which of the following is an example used to illustrate a criticism of dependency theory's predictions regarding development?

<p>The rapid economic growth of China after adopting more open policies in 1976 (C)</p> Signup and view all the answers

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