ELI5: Explain Like I'm 5

Modernization theory

Modernization theory is a way for countries to become more prosperous. It is a set of ideas that believed that economic growth and development could be achieved by modernizing traditional societies. The theory emphasizes economic growth and development by encouraging economic, political, and social changes based on modern ideas and methods. It suggests that technology, education, and improved health care are the most important factors in helping countries become more prosperous.