Which Theory of Global Stratification Argues That How a Country

question 139

Multiple Choice

Which theory of global stratification argues that how a country is incorporated into the global economy is the key feature determining how economic development takes place?

• A) the new international division of labour theory
• B) the world systems theory
• C) the modernization theory
• D) the dependency theory

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Definitions:

Efficient Retention

The ability to effectively and accurately remember and recall information over periods of time.

Hindsight Bias

The tendency to believe, after learning an outcome, that one would have foreseen it, often referred to as the "I-knew-it-all-along" effect.

Placebo Effect

A phenomenon where an improvement in health or wellbeing is observed after receiving a treatment that has no therapeutic value, due to the individual's belief in its efficacy.

Illusory Correlation

refers to the cognitive bias where a relationship between two variables is perceived to exist when no such relationship actually exists.