The Theory That Traces Democracy to Broad Social Changes and Economic

question 20

Multiple Choice

The theory that traces democracy to broad social changes and economic development is known as:

• A) Growth-based development theory
• B) Democratization theory
• C) Modernization theory
• D) Consolidation theory

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Definitions:

Regular Cash Dividend

Cash payment made by a firm to its owners in the normal course of business, usually made four times a year.

Ex-Dividend Date

The cutoff date after which new buyers of a stock will not be entitled to receive the next declared dividend.

Shareholders

Individuals or entities that legally own one or more shares of stock in a joint-stock company.

Cash Dividend

A payment made by a company out of its earnings to its shareholders, usually in the form of cash.