Developing Countries Often Argue That Their

question 140

Multiple Choice

Developing countries often argue that their

• A) efforts to industrialize are encouraged.
• B) export prices and revenues are very stable.
• C) terms of trade have improved over time.
• D) efforts to industrialize are discouraged.

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Definitions:

In-Kind Benefits

Benefits provided in the form of goods or services, such as food aid or healthcare, rather than money.

Rising Income Gap

The increasing disparity in income and wealth between the richest and poorest members of society, highlighting growing economic inequality.

Income Inequality

The irregular distribution of income across different economic participants at the household or individual level.

Highly Educated Workers

Individuals in the workforce who have attained a high level of education, typically holding a college degree or higher.