Dependency Theory Claims That Poor Nations

question 41

Multiple Choice

Dependency theory claims that poor nations

• A) suffer from traditional culture.
• B) suffer from a "technology gap."
• C) are responsible for their own poverty.
• D) were "underdeveloped" by the colonial practices of rich nations.

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Definitions:

Rule 10b-5

A regulation under the U.S. Securities Exchange Act of 1934 that addresses fraud and misrepresentation in securities trading, prohibiting deceptive practices.

Securities Exchange Act Of 1934

U.S. legislation governing the secondary trading of securities (stocks, bonds, and debentures) in the financial market, aimed at regulating the exchanges and preventing fraud.

Private Transactions

Private transactions are trades or deals conducted directly between two parties without the involvement of a public exchange or the public eye.

Trading Of Securities

The buying and selling of financial instruments such as stocks, bonds, and derivatives.