Dependency Theory Asserts That High Poverty in Poor Countries Is

question 14

True/False

Dependency theory asserts that high poverty in poor countries is primarily caused by their inability to free themselves from dependence on rich, industrialized nations.

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Definitions:

Extraordinarily Large

A term used to describe a magnitude or amount that significantly exceeds what is common or expected.

Crop

A plant or plant product that is grown and harvested extensively for profit or subsistence.

Cross Elasticity

A measure of how the quantity demanded of one good responds to a price change of another good.

Complementary Goods

Products and services that are used together. When the price of one falls, the demand for the other increases (and conversely).