Examlex
Compared to those in low-income countries, the residents of countries with high per person incomes nearly always
Democracy
In a democracy, citizens exercise a high degree of control over the state. They do this mainly by choosing representatives in regular, competitive elections.
Economic Development
The process of improving the economic, political, and social well-being of a community or country, often through industrial, technological, or infrastructural growth.
Modernization Theory
A theory that explains the process of transformation from a traditional, rural, agrarian society to a secular, urban, industrial society.
Transnational Corporations
Corporations operating in more than one country, beyond their home country's national boundaries.
Q19: If the monetary authorities persistently expand the
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