What Consequence Did the Countries in the Global South Experience

question 113

Multiple Choice

What consequence did the countries in the global south experience as a result of international lending agencies imposing SAPs?

• A) an economic growth increase of approximately 2.5 percent per year between 1980 and 1998.
• B) an economic growth increase of approximately 5 percent per year between 1980 and 1998.
• C) no economic growth between 1980 and 1998.
• D) negative economic growth between 1980 and 1998.

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Definitions:

Excess Capacity

The situation where a company's production capabilities exceed the current demand for its products or services, leading to underutilized resources.

Utilization Facility

A facility used primarily for the processing, conversion, or treatment of resources or materials, often in the energy sector.

Demand Fluctuations

Variations in customer demand for products or services over a certain period of time.

Net Receivables

The total money owed to a company by its customers minus any provisions for bad debt.