Modernization theory and Dependency theory Essay

Skidmore and Smith present two theories, modernization hypothesis and Dependency guess. Modernization theory is that validating material growth yields positive affable equality. Dependency theory states that a dependent delivery yields or brings social inequality, which in turn can atomic number 82 to political authoritarianism.Skidmore and Smith state that dependance theory distorts modernizations predicted outcomes. mercantile system is a work on of colony.The social, scotchal and political outcomes from Modernization count positive. Socially, the transition from a rural to an urban society pull up stakes bring a change in values. People would pop to participate in voluntary organizations which scarcely an authentic democracy requires. A gist class would emerge to play a progressive and scotch role in society. This theory shows that they werent different average behind. Skidmore and Smiths modernization theory is used to describe the nature of development.The soc ial, sparing and political outcomes of a dependant economy are negative. Social inequality will appear and the different classes will run further and further apart. economicalally Latin America would depend on unlike markets, which during the 20s a imprint occurred. Economically Latin America exported primitive materials and imported destroyed goods. This leads to growth without development. Economic dependency leads to a political authoritarianism.The motivating variable for these outcomes that Skidmore and Smith stated is economic dependency. There are two forms of economic dependency that Skidmore and Smith explain. They are mercantilism, the compound period, and the ECLA thesis, post 1880 period. Mercantilism is a compulsive economic policy that emerged during the colonial period. Mercantilism required colonies to produce raw materials for the engender country. The mother country would supply the colonies with finished products in return. This arrangement was geared to ward the economic enrichment of the mother country at the cost of the colonies. The ECLA thesis developed by Presbish, it states that overtime the prices of finished products rise faster than the prices of  elementary products, raw materials. The ECLA thesis explains the nature of dependency during the post-independent, 1880 period to the present.