What Is the Role of Government in a Developmental Democracy

question 25

Multiple Choice

What is the role of government in a developmental democracy as outlined by William Hudson?

• A)To develop the national infrastructure and trade routes
• B)To further research and development of new technologies to boost production
• C)To foster and develop international relationships and agreements
• D)To contribute to the political and civic literacy of the citizens
• E)To develop the national infrastructure and economy

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Definitions:

Prepaid Expenses

Payments made in advance for goods or services to be received in the future, recorded as assets until used or consumed.

Accounts Receivable

Money owed to a business by its customers for goods or services that have been delivered or used but not yet paid for.

Net Income

The residual income of a company once every expense and tax payment has been extracted from revenue.

Amortization Expense

The portion of the cost of an intangible asset that is allocated as an expense over its useful life.