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  • Essay / Exploiting Development Essay - 1114

    They must understand their own economic development by developing technological assistance to increase and improve production, economic quality of life and standard of living. Therefore, Frank (1966) suggests that less developed countries should distance themselves from the influence of the capitalist system and refrain from being exploited or becoming capitalist systems themselves. To achieve this, less developed countries should reduce their economic dependence on foreign aid, international aid, technology and