Dependency Theories Can Be Described as

question 11

Multiple Choice

Dependency theories can be described as

• A) structural theories that show how people on welfare and other forms of social assistance become dependent on it and are thus unable to develop economically.
• B) explanations for how families with many dependents force countries into economic downturns.
• C) cultural theories that suggest that some cultures are simply not fit for economic development.
• D) Marxist theories of economic development arguing that the poverty of low-income countries stems directly from their exploitation by wealthy countries and the multinational corporations that are based in wealthy countries.

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Definitions:

Inventory

The total amount of goods and materials held by a company intended for sale or used in production.

Service Firms

Businesses that provide intangible products or services to consumers as opposed to tangible goods.

Activity Base

A measure used as a basis for allocating costs in activity-based costing; often related to the volume of activities driving costs.

Costs

Costs represent the monetary value spent on goods, services, and efforts to achieve an objective, such as producing a product or providing a service.