What Has Been One of the Outcomes of Modernization in Places

question 110

Multiple Choice

What has been one of the outcomes of modernization in places such as Africa,Asia,and South America?

• A) a strengthened family structure and a changing labour market
• B) an increased reliance of young children on the extended family
• C) a decline in parental authority and increased dependence on schools to raise children
• D) an almost complete cessation of warfare

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Definitions:

Present Value

The current worth of a future sum of money or stream of cash flows given a specified rate of return.

Future Value

The value of a current asset at a specified date in the future based on an assumed rate of growth over time.

Decision-Making Process

A systematic approach to making choices among various alternatives, typically involving identification of the problem, generation of alternatives, evaluation, and selection of the best option.

Identify Problem

Involves determining the exact nature of an issue or challenge, which is the first step in problem-solving processes.