A Great Deal of Empirical Evidence Indicates That There Is

question 37

Multiple Choice

A great deal of empirical evidence indicates that there is a strong association between income and democracy. This is what would be predicted by

• A) modernization theory.
• B) the survival story.
• C) both modernization theory and the survival story.
• D) neither; this evidence disproves implications from both theories.

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Definitions:

HHI

Herfindahl-Hirschman Index, a measure of the size of firms in relation to the industry and an indicator of the amount of competition among them.

Justice Department

A federal executive department of the U.S. government responsible for the enforcement of the law and administration of justice.

Sustainable Career Advantage

A long-term career benefit that is maintained through continuous learning and adapting to changes in the job market or industry.

Competitive Advantage

Competitive advantage refers to the unique leverage a company has over its competitors, often through efficiency, quality, innovation, or customer service.