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A hardware store employee locking up on a Saturday night forgot to remove the keys from one of the large riding mower machines parked outside.It was later stolen by a group of teens who drove it into a nearby lake.A tugboat struck the partially submerged riding mower the following morning and sank.The claim for damages by the owner of the tugboat against the hardware store and its employee will
Multinational Corporations
Large companies that operate and have subsidiaries in several countries around the world, extending their influence across national borders.
Dependency Theory
A theory suggesting that the economic growth of developing countries is hindered by their dependence on developed countries, leading to unequal international relations.
Cycle of Debt
A repetitive sequence where a borrower incurs new debt to pay off existing debts, often leading to worsening financial conditions.
Prevented Industrialization
The hindrance or delay of the industrial development process in a country or region, often due to external or internal factors.
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