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What is the primary reason global inequality has declined somewhat during the past decade or so?
Commercial Interests
Activities, decisions, or endeavors driven by the desire to generate profit or financial gain, typically within a business context.
Dependency Theory
A perspective in international relations and economics that examines the structural relationships between developed and developing countries, asserting that the development of the former comes at the expense of the latter.
Rich and Poor Nations
Terms used to differentiate countries based on economic status, wealth distribution, and standard of living.
Modernization Theory
A theory in sociology that posits countries go through a process of social evolution, from traditional to modern stages, with industrialization and economic growth as key components of development.
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