The Relatively Low Levels of Democratization in Most Third World

question 70

Multiple Choice

The relatively low levels of democratization in most Third World societies can be explained in terms of the in many of these societies:

• A) important role of landlords
• B) relatively small working classes
• C) low levels of literacy
• D) all of these

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Definitions:

Repurchase

The action of buying back previously sold shares or goods, often by the company that issued or sold them initially.

Cash Dividends

Distributions of a corporation's earnings to shareholders in the form of cash.

Preferred Stock

A class of ownership in a corporation that has a higher claim on its assets and earnings than common stock, usually with dividends that are paid out before those to shareholders of common stock.

Common Stock

Common stock is a type of equity ownership in a corporation, representing a claim on part of the company's profits and conferring voting rights.