According to Dependency Theorists, in the 1960s and 1970s Growth

question 94

Multiple Choice

According to dependency theorists, in the 1960s and 1970s growth in the core countries was achieved through the active underdevelopment of which region?

• A) Africa
• B) Latin America
• C) Global South
• D) East Asia

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Definitions:

Budgeting

A process of creating a plan to spend your money, outlining projected income and expenses over a period.

Spending Variances

The difference between the actual amount spent and the budgeted amount for a particular accounting category.

Favorable

A term used in finance and accounting indicating that actual performance is better than the expected or budgeted performance.

Unfavorable

A term used in budgeting and accounting to describe a financial condition or variance that is worse than expected or budgeted.