What Is "Balkanization

question 24

Multiple Choice

What is "Balkanization"?

• A)the combination of territories held together by an authoritarian government
• B)the division of a territory into smaller and often mutually hostile political units
• C)the division of a territory into smaller and often mutually dependent political units
• D)the formation of federations of small political units
• E)none of these

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Definitions:

Stock Holdings

The shares of stock that an individual or institution owns in various companies.

Stock Market

A public market for buying, selling, and trading company shares and securities.

Long-term Real Rate

The interest rate on a long-term loan or investment, adjusted for the effects of inflation, reflecting the real cost of borrowing or the real yield on an investment.

Bonds

Fixed-income securities where an investor loans money to an entity (corporate or sovereign) which borrows the funds for a defined period of time at a variable or fixed interest rate.