Explanations of the root causes for underdevelopment categorized by three different schools – Modernization, Dependency and Marxism. There is not one correct or single cause that can be attributed to underdevelopment in the world. There are three principal perspectives or schools of thought on what contributes to the underdevelopment in third world countries: modernization, dependency and Marxism. These three schools of thought are all valuable considerations although they differ and in many respects are contradictory. They …showed first 75 words of 292 total…

…showed last 75 words of 292 total…school is being described, he constantly refers to how the other schools differ in perspective. What future schools of thought will arise? Why haven’t schools combined to form a new compound theory of poverty? I thought it was well rounded and represented many different perspectives. Yet, it seems to me that the focus should not be placed on the explanations of underdevelopment but rather the solutions and the implementation of ideas to eradicate poverty.