In the Early 1900s,peripheral Countries

question 11

Multiple Choice

In the early 1900s,peripheral countries

• A) were well on their way to becoming core countries.
• B) imported most of their manufactured goods from core countries.
• C) diversified their economies.
• D) in Africa and Asia achieved their independence.
• E) used the labour located in the core to manufacture their goods.

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Definitions:

Consume

To consume means to use up goods or services for personal needs or interests, playing a role in the economy through the demand for products and services.

Discretionary Fiscal Policy

Government policy actions, like changing tax rates and spending levels, aimed at influencing economic activity based on current conditions.

Legislative Decision-Making

The process by which elected representatives create, modify, or repeal laws within a governmental legislative body.

Drawn Out

Prolonged over time or made to last longer than necessary, often referring to events or processes.