SOCIAL-PSYCHOLOGICAL THEORIES

Social-Psychological Theories

Social-Psychological Theories

Introduction

In the dualism and (economic) policy theories discussed so far, underdevelopment and development are explained by financial factors alone while person or group values and incentives are neglected. The social-psychological theories believe these very features as main determinants of underdevelopment and development. Thus, they insert a new constituent to the conversation. Because they decrease the reason to features of one regulation, like economic theories, they are fractional explanations as well.

Discussion

Smith describes in his socio-psychological theory that the control of underdeveloped areas by developed countries as the effect of different financial and technological levels and unequal power possible resulting ...