Describe the primary focus of dependency theory in the context of global development.

Dependency theory focuses on the economic disparities between developed (core) and developing (peripheral) countries, arguing that the global economic system perpetuates a form of neo-colonialism. According to this theory, peripheral countries are dependent on core countries for capital, technology, and markets, which leads to a cycle of underdevelopment and exploitation. Dependency theorists advocate for policies that promote economic self-sufficiency and reduce reliance on external influences