QuestionThere is much criticism that modernization theory is Eurocentric. Do you think dependency theory and globalization theory are also biased? Why or why not? Compare and contrast modernization theory, dependency theory, and globalization theory. Which do you think is more useful for explaining global inequality? Explain, using examples.Submit a paper that is well constructed using APA format. The paper should be a minimum of one typewritten page (approximately 300 to 400 words) with an introduction and conclusion. This paper shall demonstrate use of standard written English with respect to: organization, grammar, spelling, composition, sentence structure, punctuation, and construction.