Which of the Following Statements About Income Divergence During the Last

question 47

Multiple Choice

Which of the following statements about income divergence during the last two centuries is invalid?

• A) The poorest countries today have levels of income per capita that are just about subsistence.
• B) Two hundred years ago, the poorest nations income levels must also have been above subsistence.
• C) Affluent African nations have experienced significant per-capita GDP loss as a consequence of extractive colonization by European nations.
• D) Today's rich countries have experienced substantial growth in per-capita GDP.
• E) Evidence for divergence is based on data for very few nonindustrialized countries.

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Definitions:

Planning

The process of defining goals, establishing strategies to achieve those goals, and developing plans to integrate and coordinate activities.

Management Process

Planning, organizing, leading, and controlling the use of resources to accomplish performance goals.

Planning

The process of setting objectives, determining strategies, and outlining tasks and schedules to achieve the goals.

Managerial Efforts

The actions or initiatives taken by managers to achieve organizational goals.