Rich,industrialized Nations That Primarily Had Capitalist Economic Systems and Democratic

question 96

Multiple Choice

Rich,industrialized nations that primarily had capitalist economic systems and democratic political systems are referred to as:

• A)fourth world nations
• B)second world nations
• C)third world nations
• D)first world nations

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Definitions:

Balance Sheet

A financial statement that presents a company’s financial position at a specific point in time, detailing assets, liabilities, and shareholders' equity.

Statement Of Cash Flows

A financial report that provides a summary of a company's cash inflows and outflows over a specific period.

Net Income

The total profit of a company after all revenues and gains are added together and all expenses and losses are subtracted.

Net Cash

The sum of all cash and cash equivalents that a company holds, subtracting liabilities that need to be paid immediately.