Modernization Theory Argues That

Modernization theory argues that:

A) rapid industrialization, at any cost, is the key to economic development
B) low-income countries must preserve their traditional cultures to develop
C) high-income countries have a responsibility to give free resources to low-income countries
D) low-income societies can develop economically only if they give up their traditional ways and adopt modern economic institutions, technologies, and cultural values that emphasize savings and productive investment
E) state-run economies are most efficient for creating modernized countries

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