Theoretical analysis for global stratification. Two major explanations for the unequal distribution of power and wealth in the world are, the modernization theory, and dependency theory. This theories suggests different solutions to end with this inequalities in the planet.
Modernization theory explains global inequalities in the world in terms of technology and cultural differences between countries.
This theory also faces criticism like fails to recognize that how rich countries became wealthy by ruining another, an example of that could be countries from Europe, they became rich thanks to the colonization of the Americas.
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