Ida studies the economic landscape of bolivia. her research has led her to believe that bolivia will never develop until it abandons its traditional culture and instead focuses on productive investment. her view is best described by what theory or set of theories?

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Business

Austin Rivas

24 May, 05:33

Ida studies the economic landscape of bolivia. her research has led her to believe that bolivia will never develop until it abandons its traditional culture and instead focuses on productive investment. her view is best described by what theory or set of theories?

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Adalynn Mason · Answer 1

The correct answer to this is:

Ida’s view is bescribed using the "Modernization theory".

Modernization theory is a theory used to explain the procedure of transformation that a nation goes through as it transitions from a traditional society to a modern one. In specific, this refers to the conversion from a traditional, rural, and agrarian society into a urban, industrial society. Modern society is industrial after all. Therefore to modernize a society is, first of all, to industrialize it. In this case, for Bolivia to progress, it has first to modernize.