make a blog on the webpage about theories of global stratification and how it is use to politics, economy and culture of respective state in the globe.

JHONNA MAE M.GANZALE
BSCRIM1 BLOCK A
ACTIVITY 1.

 Scholars have produced a range of theories to investigate global stratification, just as they have for any other social issue. Modernization theory and dependency theory are the two most often used views.

Theory of Modernization
Low-income nations, according to modernization theory, are harmed by their lack of industrialization and can enhance their global economic status by (Armer and Katsillis 2010):

1.a shift in work-related cultural values and attitudes.
2. Other types of economic growth, such as industrialization

Critics point out the theory's inherent ethnocentric prejudice. It assumes that all countries have the same resources and can pursue the same path. Furthermore, it is assumed that all countries strive to be as "developed" as possible. Within this theory.

Dependency theory
Part of the reason for the development of dependency theory was to counteract the Western-centric perspective of modernization theory. According to the report, global inequality is mostly produced by core countries (or high-income countries) exploiting semi-peripheral and peripheral countries (or middle-income and low-income countries), creating a cycle of dependency (Hendricks 2010). Peripheral countries will never attain stable and continuous economic growth as long as they are reliant on core countries for economic stimulus and access to a larger share of the global economy. Furthermore, the theory claims that because core countries and the World Bank select which countries to lend to and for what purposes, they are building highly segmented labor markets that favor the dominant market.

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