Which are the 4 factors on which economic growth is considered to be dependency theory by bar-an?

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2026-08-09 09:35

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Baran's dependency theory identifies four key factors contributing to economic growth in developing countries: the exploitation of resources by developed nations, unequal exchange in trade relationships, the perpetuation of underdevelopment through foreign investment, and the impact of foreign aid that often reinforces dependency rather than fostering self-sustaining growth. These factors highlight the structural inequalities that hinder genuine economic progress in poorer nations.

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