Answer to Question #235683 in Political Science for Momo

Question

An analysis of the impact of colonialism with respect to governance and economics.

Answer 1

The key purpose of developmental theories is to lay out a framework that explains the process of development in different countries. However, each approach to have a weakness in explaining the process of development, and at times they end being complemented with other theories. Take the dependency theory, for instance, which fails to consider other factors of development third world countries is dependent on developed countries. On the other hand, the growth with equity proposes a view of development without leaving the poor behind. It suggests that growth has to occur evenly in a country. If countries want to achieve long-term growth, they must establish a diverse variety of sectors at the same time. Inclusive growth is a process that assures that all members of society, irrespective of their particular conditions, have equal opportunities. It entails inclusive growth by providing the poor with a starting position from which they may reap the benefits of economic progress. For instance, the lack of equity further facilitates class and corruption issues in third-world countries.