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Dependency Theory and Development in Latin America

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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?

People demanded more industrial goods as incomes increased Signup and view all the answers

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

Growing balance-of-payments deficits Signup and view all the answers

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

Exploitation and unequal power dynamics with developed countries (DCs) Signup and view all the answers

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

It categorizes states as either dependent or independent, without accounting for varying levels of dependence Signup and view all the answers

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

It prescribes a breaking of linkages with the core and a socialist revolution as a solution Signup and view all the answers

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

They are overly nationalistic and emphasize relations of exchange over relations of production 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?

The rapid economic growth of China after adopting more open policies in 1976 Signup and view all the answers