Political Science · Development & Underdevelopment Theories
Consider the following statements regarding the theories of underdevelopment: (I) Celso Furtado analyzed underdevelopment from a structuralist perspective, criticizing neoclassical economic theories. (II) Walter Rodney argued in his work that Europe underdeveloped Africa through historical exploitation. (III) Geoffrey Kay analyzed the role of both merchant capital and industrial capital in the process of underdevelopment. Select the correct answer using the codes below:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Only (II) and (III) are correct.
- 2Only (I) and (III) are correct.
- 3(I), (II) and (III) are correct.✓
- 4Only (I) is correct.
Correct answer
(I), (II) and (III) are correct.
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