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?

Athe Genuine Progress Indicator
BNeocolonialism
CThe Human Development Index
DWalt Rostow's Modernization Model

Verified Answer :

The statement above is most closely related to
neocolonialism.

 

Neocolonialism, neo-colonialism or
neo-imperialism is the geopolitical practice of using capitalism, business
globalization, and cultural imperialism to influence a country, in lieu of
either direct military control (imperialism) or indirect political control
(hegemony).

 

The correct answer between all
the choices given is the second choice or letter B. I am hoping that this
answer has satisfied your query and it will be able to help you in your
endeavor, and if you would like, feel free to ask another question.

the correct answer is B