Critically evaluate the dependency theory and the modernisation theory. Which offers the more convincing account of development in the world today?

Explain Modernisation theory
Explain Dependency theory
Take China and Countries of South America (e.g. Chili) as case study as an examples of modernisation theory and dependency theory
Does the dependency theory offer a convincing alternative to the modernisation theory?
Analyse what had more influence on the development of the today’s world

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