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Dependency Theory, World Systems Theory, and the New International Division

question 8

Multiple Choice

Dependency theory, world systems theory, and the new international division of labor theory are perspectives rooted___________ in the approach.


Definitions:

Unemployment Rates

The fraction representing individuals in the labor force who do not have employment but are actively job hunting.

Unemployment Insurance

A government program that provides temporary financial assistance to workers who have lost their jobs through no fault of their own.

Minimum-Wage Law

Legislation that establishes the lowest hourly wage that employers can legally pay their workers.

Equilibrium Wage

The wage rate at which the quantity of labor demanded by employers equals the quantity of labor supplied by workers.

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