Hard Dependency Theory Has Been Criticized on the Grounds That

question 31

Multiple Choice

Hard dependency theory has been criticized on the grounds that it:

• A) concentrates too little attention on the external relations between an underdeveloped country and developed countries
• B) concentrates too much attention on the precapitalist histories of contemporary underdeveloped nations
• C) seems too rigid in holding that dependency always renders development impossible
• D) has never put forth any social policy recommendations

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Definitions:

Shareholders' Equity

The residual interest in the assets of a corporation after deducting liabilities.

Changes in Equity

Movements in the value of an entity's equity over a period due to profits, losses, contributions from or distributions to owners.

Retained Earnings

The portion of net income that is not distributed to shareholders as dividends but retained by the company for reinvestment.

Dividends Declared

The announcement by a company's board of directors of the intention to pay a dividend to shareholders, indicating the amount and payment date.