One Main Reason Why the Gap Between the Rich and Poor

question 26

Multiple Choice

One main reason why the gap between the rich and poor is a gap between North and South is

• A) the Northern hemisphere developed at the expense of the Southern Hemisphere.
• B) the prevalence of disease and the subsequent fertility response.
• C) colonialism,imperialism,and globalism.
• D) Northern countries dominate the global trading rules and agenda and tend to exploit Southern countries.

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Definitions:

Unrealized Gain or Loss-Income

The increase or decrease in the value of an investment that has not yet been sold for a profit or loss.

Other Expenses

Costs incurred by a business that do not fit into primary operational categories, such as administrative or selling expenses.

Unrealized Loss

A decrease in the value of an investment that has not yet been sold and, thus, does not affect realized financial statements.

Available-for-Sale Security

A financial asset that a company intends to sell but not immediately or in the near term, reported at fair value.