Brazil's 1999 Crisis Was Relatively Short Lived Because

question 48

Multiple Choice

Brazil's 1999 crisis was relatively short lived because

• A) Brazil's financial institutions had avoided borrowing all together.
• B) Brazil's financial institutions had avoided heavy borrowing in local currency.
• C) Brazil's financial institutions had avoided heavy borrowing in dollars.
• D) Brazil's financial institutions had extended low-interest loans.
• E) Brazil's financial institutions had extended high-interest loans.

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Definitions:

Diffuse or Die

A phrase implying that for innovations or ideas to survive, they must be spread and adopted widely; otherwise, they risk being forgotten or becoming obsolete.

Richard Walton

A figure associated with theories or concepts in organizational behavior or management, but requires further context for a specific definition.

Diffusion

The mechanism through which an inventive idea is transmitted over time through selected routes among members of a societal system.

Complex Innovations

Advanced, intricate changes or improvements in processes, products, or systems that often require significant understanding and adaptation.