Which theoretical approach claims that rich nations of the world are "overdeveloped" while poor nations are "underdeveloped"?

The dependency theory asserts that rich countries of the world should be "overdeveloped" while poor countries should be "underdeveloped". Reliance hypothesis is the thought that assets spill out of an "outskirts" of poor and immature states to a "center" of rich states, enhancing the last to the detriment of the previous.

Mining manufacturing

The london company was an english joint stock company established in 1606 by royal charter by king james i with the purpose of establishing colonial settlements in north america.