Wallerstein Pointed to Several Factors That Cause Dependency Among Low-Income

question 67

Multiple Choice

Wallerstein pointed to several factors that cause dependency among low-income nations. Which of the following is a factor that Wallerstein did NOT consider to be a cause of dependency?

• A) narrow, export-oriented economies
• B) lack of integration into the world economy
• C) lack of industrial capacity
• D) foreign debt

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Definitions:

Stock Dividend

A payment made by a corporation to its shareholders in the form of additional shares, rather than cash.

Par Value

The face value of a bond or stock, representing the nominal or original value as fixed in the certificate or instrument.

Market Value

The current price at which an asset or service can be bought or sold.

Treasury Stock-Common

Shares of a company's own stock that it has reacquired from shareholders and are considered issued but not outstanding.