1. Modernization Theory
... ." (Preston, 158) It was the dramatic recovery of Europe's economy that lent credence to the notion that deliberate intervention in an economic system to raise its level of the activity was possible. The construction of modernization theory is suffused with the political concerns of the U.S. in the 1950s and the early 1960s, the idea that capitalism will produce widespread prosperity, ... and the logic that industrialism would drive the global system forward. The issues of international bipolarity, containment, and aid-donor competition were also at ... of the world. This aided the U.S....
- Word Count: 1471
- Approx Pages: 6
- Has Bibliography
- Grade Level: Undergraduate