Frank's Dependancy Theory Flashcards
What is the core, give an example?
Developed nations like North America
What is traded between the periphery and the core?
Low value materials
When was the dependency theory developed?
1967
Who developed the dependency theory?
Andre Frank
What did Andre Frank believe?
Development is about two types of global regions - core and periphery
What is the periphery?
The global regions that produce raw materials for the core to manufacture into higher valued goods
How is the core wealthy?
Produces the raw materials from the periphery into higher valued products which it then sells.
What has the core achieved by exploiting the periphery?
Development
_______________ materials are traded from the __________ to the ___________.
Low value, periphery, core
What percentage of the worlds population is the core?
15%
What percentage of the world’s income does the core enjoy?
75%
What is dependant on the core to process the raw materials?
The periphery
How does the core depend on the periphery?
To produce raw materials
