In the Period Between 1945 and 1965, Technological Innovation

question 14

Multiple Choice

In the period between 1945 and 1965, technological innovation

• A) gave more power to the Third World.
• B) increased the power of advanced industrialized nations.
• C) prevented the formation of transnational corporations.
• D) slowed consumption by raising prices.
• E) helped the Western powers maintain their colonial empires.

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Definitions:

Zero-Coupon Bonds

Bonds that do not pay interest during their life but are sold at a discount from their face value, where the difference between the purchase price and the face value represents the investor's return.

Interest Rates

The proportion of a loan that is charged as interest to the borrower, typically expressed as an annual percentage of the loan amount.

Interest Rate Risk

The risk of losses due to fluctuations in interest rates that can affect investment values and borrowing costs.

Time To Maturity

The duration until a financial instrument, such as a bond or loan, reaches its due date and the principal must be repaid.