MATCHING -Dependency Theory

question 17

Multiple Choice

MATCHING
-Dependency theory

• A)The process whereby Western nations established their rule in parts of the world away from their home territories
• B)The economic belief that free-market forces, achieved by minimizing government restrictions on business, provide the only route to economic growth
• C)The world economy is made up of core, semiperiphery, and periphery countries
• D)Marxist theory of economic development
• E)Worldwide networks of labor and production processes yielding a finished product
• F)Argues that low-income societies can develop economically only if they adopt modern economic institutions, technologies, and cultural values
• G)Under certain circumstances, poor countries can still develop economically, although only in ways shaped by their reliance on wealthier countries

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Definitions:

Settlement Agreement

A legal agreement that resolves a dispute between two parties without the need for a trial.

No-Action Agreement

An understanding or assurance from a regulatory authority indicating that no enforcement action will be taken, often despite potential violations.

Payoff

A final payment that settles a debt or an investment, or the bribe to secure someone's compliance or silence.

ADR

Alternative Dispute Resolution; methods for resolving disputes outside of court, including arbitration and mediation.