That Some LDCs Will Explain Away Poverty and a Lack

question 49

Multiple Choice

That some LDCs will explain away poverty and a lack of development as the result of hostile forces--not of reforms and their initiatives--is an example of the power of ______.

• A) the poverty trap
• B) ideology
• C) inclusive institutions
• D) extractive institutions

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Definitions:

Guarantees

Commitments or assurances provided to ensure satisfaction with a product or service, emphasizing the provider's confidence in meeting specified standards.

Value for Money

The measure of something's worth or utility compared to its cost.

Overcome Resistance

The process of addressing and mitigating objections or reluctance in order to persuade or achieve cooperation.

Price

The amount of money expected, required, or given in payment for something.