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Modernization theory explains global inequality by attributing poverty in poor nations to their failure to adopt necessary values. Critics point out assumptions of uniform assimilation pace of indigenous cultures globally.
Modernization theory asserts that poor nations remain impoverished due to their failure to adopt the beliefs, values, and practices necessary for economic success. It implies a functionalist explanation of global inequality, suggesting that individuals in these nations lack the capability to improve their circumstances. Critics of the modernization perspective argue that it assumes all indigenous cultures globally assimilate at the same pace towards modernization, which can lead to ethnocentric biases and power differentials.
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