Neocolonialism Is the

question 35

Multiple Choice

Neocolonialism is the

• A) continued Western domination primarily through economic means.
• B) use of military force by Western powers to control their African colonies.
• C) imperialistic expansion in Africa by African countries against their neighbors.
• D) widespread use of outsourcing to exploit labor forces in Sub-Saharan Africa.
• E) political domination of another country through manipulation of elections.

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Definitions:

Cash Purchase Price

The amount of money required to buy a good, service, or asset without financing or credit.

Effective Interest Rate

The actual return on an investment or the real cost of borrowing, accounting for the effect of compounding interest.

Compounded Monthly

The calculation of interest on the principal amount where the interest accrued is added to the principal every month, allowing for the accumulation of interest on interest.

Capital Cost

The total acquisition cost of an asset, including the purchase price and costs associated with its acquisition and preparation for use.