Comparisons Between Modernization and Dependency Theory Reveal That

question 36

Multiple Choice

Comparisons between modernization and dependency theory reveal that

• A) modernization theory suffers from economic determinism.
• B) dependency theory suffers from economic determinism.
• C) dependency theory overestimated the influence of political forces.
• D) modernization theory ignored economic influences.
• E) the two theories were more similar than originally believed.

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Definitions:

Planning Budget

A financial plan that estimates the income and expenditures for a future period, typically structured around a specific project or business operation.

Supplies Costs

Expenses for materials and items necessary for the maintenance and operation of a business.

Flexible Budget

A budget that adjusts or varies with changes in volume or activity levels, used for planning and control.

Spending Variance

The difference between the actual amount of money spent and the budgeted amount for a specific period.