Question

Read the statement below and answer the question that follows.


Although African countries are politically independent nations, economically they are still following the colonial relationship of the past, providing raw materials and few finished goods.

The statement above is most closely related to which of the following theories of economic and social development?
A.
the Genuine Progress Indicator
B.
neocolonialism
C.
the Human Development Index
D.
Walt Rostow's Modernization Model

Please select the best answer from the choices provided.

A
B
C
D

Answer 1

B

The description matches neocolonialism — former colonies remain economically dependent, supplying raw materials and limited manufactured goods to former colonial powers.