What are two main theories to study global stratification

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Questions:

1. Why are capital flight and deindustrialization major issues facing high-income countries?

2. (From text) If you were forced to live on $2.50 a day, how would you do it? What would you deem worthy of spending money on, and what could you do without? How would you manage the necessities -and how would you make up the gap between what you need to live and what you can afford?

3. What are the two main theories to study global stratification? Explain each one in your own words.

4. Compare and contrast modernization theory and dependency theory, which do you think is more useful for explaining global inequality? explain using examples.

Reference no: EM133968589

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