Critics of Modernization Suggest That Underdevelopment Is the Result of Postcolonialism,and

question 34

Multiple Choice

Critics of modernization suggest that underdevelopment is the result of postcolonialism,and that poor countries today cannot participate in the global economy because it is structured to transfer ________ to developed nations.

• A) money
• B) people
• C) resources
• D) energy

---

Definitions:

Accounts Payable

The amounts owed by an organization to creditors for goods and services received but not yet paid for.

Licensing

The process of granting legal permission to individuals or organizations to carry out certain activities or professions.

Financial Responsibility

Refers to the obligation to manage resources, including money, assets, and debts, in an effective and efficient manner.

Debit Card

A payment card that deducts money directly from a consumer’s checking account to pay for a purchase.