What Event in the 1970s Significantly Affected the Future of Africa

question 45

Multiple Choice

What event in the 1970s significantly affected the future of Africa?

• A)Foreign aid stopped completely.
• B)Military dictatorships began to proliferate.
• C)The Mau Mau rebellion brought reprisals from European residents.
• D)The first democratic government was overthrown.
• E)The OPEC oil boycott caused oil prices to quadruple.

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Definitions:

Raw Materials

Basic substances in their natural, modified, or semi-processed states used as an input in the manufacture of goods.

Predetermined Overhead Rate

A rate calculated before the accounting period begins, used to allocate projected overhead costs to products or services based on expected activity levels.

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A factor that directly impacts the expenses associated with a specific activity, determining the actual costs incurred.

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The estimated costs for overhead (indirect costs such as utilities, rent, and administrative salaries) that are planned or budgeted for a specific time period.