A More Recent Development Strategy Is Called Structural Adjustment

question 42

Multiple Choice

A more recent development strategy is called structural adjustment. This refers to

• A) the strengthening of the financial basis of a country's economy.
• B) economic structuralist's attempt to break from dependency.
• C) a state socialist approach to economic development.
• D) a greater focus on food, shelter, and health care.

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Definitions:

Nonprofit Corporation

A legal entity organized for a public or social benefit, exempt from paying income tax on the money it earns.

Public Corporation

A company whose shares are publicly traded on the stock exchange and is subject to specific reporting and regulatory requirements.

Shareholders

Individuals or entities that own one or more shares of stock in a joint-stock company, giving them a right to a portion of the company's profits and a vote in certain company matters.

Quo Warranto

A legal proceeding used to challenge an individual's right to hold a public or corporate office.