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Problems Of Modernization In Developing Nations Beginning of Paper The economic situation which exists in the developing world today, is the result of the relationship between the modern, and developing nations of the world. Modernized nations benefited from this relationship because it gave them access to natural resources. However, because of th .... Middle of Paper .... holding the developing world indicates that the developing nations of the world are not prosperous, and have a lower standard of living than do industrialized nations. Both individuals are supporting each other in such a way that if one is removed, the other will fall. Without resources to use, industry would not be able to maintain its existence. Likewise, without a market for their resources, or the products of industry, the developing world would not be able to maintain its existence. Two current problems which exist in the developing .... 628 words | 3 pages Subscription Length Price Join 30 days membership (recurring) $19.95 90 days membership (recurring) $39.95 180 days membership (non-recurring) $69.95