What Is Dependency Theory

question 99

Multiple Choice

What is dependency theory?

• A) the idea that governments should provide a safety net for their citizens
• B) the idea that people of the world should depend on each other
• C) the idea that the expansion of European capitalism created Latin America's underdevelopment
• D) the idea that the rich should allow the poor to depend on their assistance
• E) the idea that people should not allow themselves to become dependent on outside assistance

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Definitions:

Family Farmers

Family farmers refer to those individuals or families owning and managing agricultural operations, typically focused on producing food and other agricultural products at a smaller scale compared to corporate farms.

Bankruptcy Code

Federal laws governing the process through which individuals or entities unable to meet their financial obligations can obtain relief from debts.

Special Protections

Legal measures and regulations designed to ensure the safety and rights of specific groups of individuals or classes of subjects, typically those who are vulnerable or at risk.

Secured Creditors

Creditors who have a legal claim to specific assets of the debtor as collateral for the debt they are owed, providing them with a level of protection in case of the debtor's default.