What Is the Main Difference Between Weak Post-Colonial States and Modernizing

question 8

Multiple Choice

What is the main difference between weak post-colonial states and modernizing states?

• A) Modernizing states are in a far better position to profit from economic globalization.
• B) Modernizing states are in a transition process towards post-modernism.
• C) Modernizing states are politically more stable than weak post-colonial states.
• D) Member states show a higher degree of 'nationness' than weak post-colonial states.

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Definitions:

Inheritance

Assets received from an estate of a deceased person, passed through a will or the legal process.

Savings

The portion of income not spent on current consumption but kept aside for future use or investment.

Executive Compensation

Refers to the total package of pay and benefits offered to an organization's top executives, including salaries, bonuses, stock options, and other financial rewards.

Real Wage

The purchasing power of wages, considering the effects of inflation; the amount of goods and services that can be bought with the wages.