Modernization, the Dominant Economic Theory in the 1950s and 1960s

question 77

Multiple Choice

Modernization, the dominant economic theory in the 1950s and 1960s,

• A) was ethnocentric to Western Europe and the United States.
• B) treated Africa, Asia, and Latin America as a monolithic group.
• C) advocated free-market capitalism.
• D) All of the above

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Definitions:

Fallibility

The propensity to make mistakes or errors due to human imperfection.

Personal Qualities

The characteristics, traits, or attributes that define an individual's personality and behavior.

Responsibility

An obligation to carry out duties or tasks effectively and being accountable for the outcomes.

Outcomes

are the results or consequences of actions taken by individuals or organizations.