Which of the Waves of Democratization Is Characterized by the Onset

question 9

Multiple Choice

Which of the waves of democratization is characterized by the onset of universal male suffrage in France or several Latin American countries?

• A) first wave
• B) second wave
• C) third wave
• D) fourth wave

---

Definitions:

Overhead Costs

Expenses required to run a business that are not directly related to the production of goods or services, such as rent, utilities, and administrative salaries.

Direct Labor Cost

The expense associated with the work performed by employees directly involved in the manufacturing process of products.

Manufacturing Overhead

All manufacturing costs that are not directly associated with the production of goods, including costs related to indirect labor, materials, and facility.

Direct Materials Costs

The expense incurred for raw materials that are directly traceable and allocable to a finished product.