The story suggests that economic development produces cultural change that leads to democratization, while in the story economic development leads to democratization, which, in turn, leads to cultural change.

values, institution.

Explanation:

Modernisation theory is a model used to explain tthe transition of world economies from pre modern economiees to the modern day economies that we have. Modernisation theory was postulated by german sociologist Max Weber (1864-1920).

The theory tends to look at the internal factors of a country that could help its modernisation.

The values story suggests that ... while in the institution story economic ...

Explanation:

Max Weber was the first to propose the Modernization Theory in the late 1800s, which tries to explain the process by which a country changes from a traditional society to a modern society.

Talcott Parsons (1950s) continued with Weber's theory and proposed the Modernization Paradigm which tries to explain why certain traditional countries need external assistance in order to change from traditional societies to more modern societies.

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