Which term describes 'Reliance on stronger countries for economic survival'?

Which term describes 'Reliance on stronger countries for economic survival'?

• A. Economic Disparity
• B. Dependency
• C. Benefit
• D. Cooperation

Answer: (B)

Dependency describes a situation in which a less powerful economy relies on a stronger one for its economic survival. This often shows up when a developing country exports cheap raw materials and depends on imports of manufactured goods, technology, and capital from wealthier nations. The pattern can be reinforced by trade terms, debt, investment, and aid that keep the weaker country financially tied to the dominant partner, shaping development paths and policy choices. This differs from economic disparity, which is about the wealth gap, and from cooperation, which implies mutual, voluntary collaboration, or a benefit, which is merely an advantage without capturing ongoing dependence.

Dependency describes a situation in which a less powerful economy relies on a stronger one for its economic survival. This often shows up when a developing country exports cheap raw materials and depends on imports of manufactured goods, technology, and capital from wealthier nations. The pattern can be reinforced by trade terms, debt, investment, and aid that keep the weaker country financially tied to the dominant partner, shaping development paths and policy choices. This differs from economic disparity, which is about the wealth gap, and from cooperation, which implies mutual, voluntary collaboration, or a benefit, which is merely an advantage without capturing ongoing dependence.