Dependency Theory Focuses on Domestic Factors That Have Made Global

question 49

True/False

Dependency theory focuses on domestic factors that have made Global South countries poor and dependent on foreign aid from the Global North.

---

Definitions:

Well-Being

A general term for the condition of an individual or group, encompassing physical, psychological, and social aspects of health and happiness.

Welfare Reform

Changes in the administration of national or local welfare systems, often aiming to reduce dependency, encourage employment, and manage costs.

Earned Income Tax Credit

A refundable tax credit for low- to moderate-income working individuals and families, especially those with children.

Minimum Wage Laws

Regulations that dictate the lowest legal hourly compensation employers must pay their workers.