1.Theories of Democratization Modernization theory (developmental approach) Economic growth,social equality,and pluralism are three compatible goals Economic growth that presupposes market freedom will lead to information (literacy,education and media) diffusion and social equality (equal distribution of social wealth)1.Theories of Democratization • Modernization theory (developmental approach) • Economic growth, social equality, and pluralism are three compatible goals • Economic growth that presupposes market freedom will lead to – information (literacy, education and media) diffusion and social equality (equal distribution of social wealth)