Dependency theories

Dependency theories are concepts in social science and economics that explain how poorer countries remain economically reliant on richer countries. This relationship often stems from historical exploitation, colonization, and unequal trade practices. Dependency theorists argue that this reliance hinders the development of poorer nations, as they lack control over their resources and economies. Instead of fostering independence and growth, these countries become locked in a cycle of poverty and dependence, making it difficult to achieve sustainable development and improve living standards for their populations.