Following the End of World War II,modernization Was Thought to Be

question 3

Multiple Choice

Following the end of World War II,modernization was thought to be the path on which all nations,even former colonies,would do best.One underlying rationale that helped foster this idea was that modernization,and by extension,development,was considered to be

• A) the cheapest way to restore war-torn nations.
• B) the natural path of economic development.
• C) the best way to eliminate poverty.
• D) an effective means of stemming social unrest.

---

Definitions:

Time Value

The concept in finance that money available now is worth more than the same amount in the future due to its potential earning capacity.

In-The-Money

A term describing an options contract that has intrinsic value; for a call, when the underlying asset's price is above the strike price, and for a put, when it's below.

Put Option

A financial contract that gives the holder the right, but not the obligation, to sell a specified amount of an underlying asset at a set price within a specified time.

Stock Price

The current price at which a particular stock is bought or sold in the market.