The "Chipko Movement" in India Is Part of a Broader

question 121

Multiple Choice

The "Chipko movement" in India is part of a broader reaction against what pattern found in South Asia?

• A) The increasing presence of high-tech firms from the West (United States) drive domestic high-tech firms out of business.
• B) Rural resources are used by urban industries without considering the needs of local (rural) people.
• C) The government refuses to adopt policies that would allow the mechanization of agriculture.
• D) City governments urge rural people to move to their cities but fail to provide them with sufficient housing.

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Definitions:

Common Stock

Represents equity ownership in a corporation, giving holders voting rights and a share in the company's profits via dividends.

Risk-Free Rate

The hypothesized return rate of a risk-less investment, often exemplified by the yield found in government securities.

Market Risk Premium

The increased earnings expected by an investor for choosing a risky market portfolio over assets with no risk.

Preferred Stock

A class of ownership in a corporation that has a higher claim on assets and earnings than common stock, often with fixed dividends.