Which Theoretical Approach Claims That Rich Nations of the World

question 34

Multiple Choice

Which theoretical approach claims that rich nations of the world are "overdeveloped" while poor nations are "underdeveloped"?

• A)modernization theory
• B)dependency theory
• C)both modernization theory and dependency theory
• D)neither modernization theory nor dependency theory

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Definitions:

Employee Claims

Rights or demands made by workers against their employer for various benefits, compensation, or acknowledgments of rights or wrongs.

Unpaid Taxes

Taxes that are owed to the government but have not been paid by the due date.

Customer Deposits

Funds paid in advance by customers for goods or services that have yet to be delivered or performed.

Chapter 7 Bankruptcy

A form of bankruptcy in the United States that involves liquidating the debtor's assets to pay off as much debt as possible, with the remaining debts being discharged.