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Globalization, Modernization Theory, and Dependency Theory - Essay Example

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"Globalization, Modernization Theory, and Dependency Theory" paper examines the notion of globalization which is the increase of rate and intensity of the dealings and integration among people in the society, companies, and governments of various nations. The process has effects on human beings. …
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Globalization, Modernization Theory, and Dependency Theory
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Extract of sample "Globalization, Modernization Theory, and Dependency Theory"

Firstly, conflict occurs when one is exercising individual rights and chooses a particular lifestyle, buys products, or thinks of thought, and thus one is at odds with society. Secondly, people and communities sometimes believe that the areas of culture, preservation of local culture because of history, traditions, and the desired pass of the heritage used to make a generation successful are short-timed.

The second tension occurs between the free market and the interventions of the government. The tension occurs when the first aggregate that is because of the free market is for lots of the choices made by individuals. The third tension occurs between the local authority and the extra local authority. In this tension, the decisions made at the level are mostly close to the individual citizens and the decisions made by the authority, and how it affects the citizens. Question # 3 Vietnam is a story based on the success story.

Reforms were made depending on the political and economic that transformed the poor countries into middle-income countries within the century. Vietnam has been applauded as the equity of development. The pattern of trade is affected by the economic growth and development of regions and countries. The growth of trade was encouraged by the creation and diversion of a trade by the single market. The significance of the trade is in the geographical pattern of the trade in increasing share of the share of trade.

The growth also boosts exports and provides the advantages of the opportunity to export available there. Development describes the expansion of the human throughout the lifespan, from the notion of death. The study made by scientists about the development of humans seeks the understand and explains reasons why people change throughout their lives. This includes aspects of the growth of human, physical, emotional, social, and personal development. Development does not only involve biological and physical growth aspects, but they include also the social aspects that are related to development throughout life.

Question #4 Modernization theory; is the process of social change where they are less developed communities that acquire characteristics that are common to more developed societies that are based on Neo-Liberal principals. The transformation made the pre-modern or traditional society into one associated with technological growth and the growth of the economy in western nations. Question # 5Dependency theory; is foreign trade, inventions, and aid exploitative; uneven development; and causes more poverty; the rich are searching for raw materials, and cheap labor; not underprivileged but become impoverished; and ferocious cycle.

Question # 6 Globalization is neither bad nor good. It has rather complex aspects and a multi-faceted process used as impacts viewed in different ways based on arguments on the values at stake. Free individual choice is vital, but society’s abilities are used to make decisions according to what is best for the members. The free market is significant, but society can make the best decisions for all members.  

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