Theories of Global Stratification: Crash Course Sociology

The video explores global stratification, focusing on two main theories: Modernization Theory and Dependency Theory. Modernization Theory attributes economic development to technological and cultural advancements, highlighting events like the Columbian Exchange and the Industrial Revolution. Critics argue it overlooks historical factors and is Eurocentric. Dependency Theory, rooted in Conflict Theory, suggests wealth in rich nations comes at the expense of poorer ones, emphasizing colonialism's role. Critics of Dependency Theory argue it oversimplifies global economics and lacks practical solutions. Despite debates, global poverty has decreased significantly.

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