The Primary Reason Why Developing Countries,like Those in Latin America,were

question 35

Multiple Choice

The primary reason why developing countries,like those in Latin America,were so intent on industrialization was because most governments believed that

• A) they needed to appease military governments.
• B) subsistence agriculture could not employ enough people.
• C) the Great Depression in the 1920's & 1930's proved a export-oriented agriculture was no longer profitable.
• D) higher standards of living could only be achieved through industrialization.
• E) prices of imported manufactured goods were too high.

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Definitions:

Sensitivity Analysis

The process of analyzing the impact of varying key assumptions or input variables on the outcome of a decision or model.

Annual Net Cash Flow

The difference between a company's total cash inflows and outflows over one fiscal year, reflecting its ability to generate cash.

Average Rate Of Return

A method of evaluating a capital investment proposal that focuses on the expected profitability of the investment; computed as average annual income divided by average investment. Also referred to as accounting rate of return.

Average Income

The mean amount of earnings generated over a specified period of time, taking into account all revenue sources.