Dependency Theory Asserts That High Poverty in Poor Countries Is

question 14

True/False

Dependency theory asserts that high poverty in poor countries is primarily caused by their inability to free themselves from dependence on rich, industrialized nations.

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Definitions:

Centralization

The concentration of control, authority, or decision-making power in a central group or location, often at the higher levels of an organization or government.

Privatization

The transfer of ownership of property or businesses from the government to private individuals or organizations.

Deregulating Labor Law

The process of reducing government rules controlling how businesses can manage workers, aimed at making labor markets more flexible.

Unionization

The act or process of forming or joining a labor union, where workers unite to negotiate with employers over wages, hours, benefits, and other working conditions.