Modernisation Theory, Dependency Theory And Globalisation Theory

University of the PeopleSOC 1502-01 Introduction to Sociology Writing Assignment Unit 5There is much criticism that modernization theory is Eurocentric. Do you think dependency theory and globalization theory are also biased? Why or why not? Compare and contrast modernization theory, dependency theory, and globalization theory. Which do you think is more useful for explaining global inequality? Explain, using examples.Modernisation theory, Dependency theory and Globalisation theoryW. Little suggests "Modernisation theory, dependency theory, and globalisation theory are three of the most common lenses sociologists use when looking at the issues of global inequality” (2014). Modernisation theory is the idea that lower-income countries can progress naturally into becoming a more advanced country. The theory has its critiques though. Mainly, it suggests that all countries are able to follow the same path, having the same resources available and all have the same target in mind - to be developed. "Dependency theory states that global inequality is primarily caused by core nations (or high-income nations) exploiting semi-peripheral and peripheral nations (or middle-income and low-income nations), creating a cycle of dependence