Dependentistas Believe That Underdevelopment Is Caused by

question 21

Multiple Choice

Dependentistas believe that underdevelopment is caused by

• A) lack of sufficient economic ties with economically developed countries.
• B) distorted cultural values.
• C) exploitation by economically advanced countries.
• D) their lack of stable national borders.
• E) tribal and other ethnic conflicts.

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Definitions:

Credit Sales

Sales made by a business where payment is deferred to a future date, typically involving an agreement or terms of credit.

Budgeted Cost of Raw Material

An estimate of the total cost of all raw materials required for production for a certain period, used in budget preparation.

Required for Production

Required for production denotes the essential resources, materials, labor, and capacity needed to manufacture a product or carry out a production process.

Budgeted Selling Price

The projected price at which a company expects to sell its goods or services in the market during a specific period.