One Reason Why Foreign Aid Is Viewed as Harmful Is

question 144

True/False

One reason why foreign aid is viewed as harmful is that it promotes dependency.

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Definitions:

Gilded Age

A term describing the late 19th century in the United States, characterized by rapid economic growth, industrialization, and a marked disparity between rich and poor.

Generalized Economic Growth

Broad-based expansion in economic activity and productivity across multiple sectors, leading to increased wealth and living standards over time.

Corruption

The abuse of entrusted power for private gain, which can occur in various forms such as bribery, embezzlement, and nepotism.

Henry Demarest Lloyd

An American progressive political activist and critic of monopolies, known for his work "Wealth Against Commonwealth" highlighting the evils of the Standard Oil Company.