Ch 14: Theories of Economic Development

About This Chapter

In this chapter, you will review various theories of economic development. The chapter's lessons can help you explore such topics as world systems theory and dependency theory.

Theories of Economic Development - Chapter Summary

This chapter covers important theories of economic development. You can review world systems theory in light of both core and peripheral societies. You'll look at examples of dependency theory in sociology, and by the end of this chapter you will be able to:

  • Explain the stages of growth in economies developed by Walt Rostow
  • Discuss the three-level hierarchy approach of Immanuel Wallerstein's world systems theory
  • Use the explanation offered by dependency theory to fill in gaps between other competing theories

Each lesson in this chapter is designed to be taken at your own pace. You can watch the brief, engaging videos or simply click on a term in the timeline below the video to go directly to that concept. Track your progress on your Dashboard to assess your learning outcomes.

Chapter Practice Exam
Test your knowledge of this chapter with a 30 question practice chapter exam.
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Practice Final Exam
Test your knowledge of the entire course with a 50 question practice final exam.
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