Which Term Was First Used by Chalmers Johnson to Describe

question 3

Multiple Choice

Which term was first used by Chalmers Johnson to describe a state that could successfully target specific economic sectors for promotion, driving industrialization forward?

• A) Developmentalist state
• B) Authoritarian state
• C) Classless state
• D) Night Watchman state
• E) Socialist state

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Definitions:

Equity Purchase

Involves buying shares of a company, thus acquiring ownership interest in that company.

Capital Balances

The amount of equity each partner has in a partnership or the equity accounts in a corporation's balance sheet.

Capital Balances

The amounts of money or value that members or partners have contributed to a company, partnership, or organization, often reflected in equity accounts.

Withdrawal

The act of removing funds from a bank account, or taking capital out of a business by an owner for personal use.