Global Economic Inequalities

question 2

Multiple Choice

Global economic inequalities

• A)have always been a feature of international politics.
• B)have become less pronounced since the beginning of the industrial revolution.
• C)reflect the uneven impact of the industrial revolution.
• D)are correlated with the possession of natural resources.

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Definitions:

International Monetary Fund

The International Monetary Fund (IMF) is an international organization that aims to promote global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world.

State Planning

Involves government-led initiatives to direct economic activity and resources towards specific goals, often seen in socialist or communist economies aiming for equitable resource distribution and industrial management.

Vatican II Council

The Second Vatican Council, a major meeting of the Roman Catholic Church (1962-1965) that introduced significant changes in Church practices and approaches to worship and engagement with the modern world.