Critics of Modernization Theory Feel That It Focuses Too Narrowly

question 72

Multiple Choice

Critics of modernization theory feel that it focuses too narrowly on what?

• A)consumption
• B)politics
• C)technology
• D)the economy

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Definitions:

Premiums

Payments made by individuals or businesses to insurance companies in exchange for coverage against specified risks.

Deductible

An amount of any loss that is to be paid by the insured.

Inflationary Times

Periods characterized by a general increase in prices and fall in the purchasing value of money.

Insurance Policies

Contracts between an insurer and a policyholder, outlining the terms under which the insurer agrees to pay a benefit upon the occurrence of a specified risk or event.