Assignment Questions: (1) Contrast and compare modernisation and dependency theory’s approaches to development. (2) Critically analyse the strengths, weaknesses, or failures of one of these theories.Answering the Assignment Questions: In the first part of the paper you will have to explain both modernisation and dependency theory’s core assumptions, how these assumptions differ (contrast) and what their similarities are (compare). In the second part of the paper you will have to provide a theoretically informed account of either the strengths, weaknesses, or failures of one these theories. Hence, the second part will require you, the student, to put forward your own argument in the context of development studies. In short: your paper should clearly reflect the main points in the literature and the focus should be on presenting an argument for your critical standpoints.One of the resources must be from The Companion to Development Studies, Third Edition.