Which of the Following Statements About the Relationships Among Democratization

question 1

Multiple Choice

Which of the following statements about the relationships among democratization, modernization theory, and political elites is accurate?

• A)Scholars have shown that contrary to modernization theory, poverty typically does not serve as an obstacle to democratization.
• B)A core assertion of modernization theory is that a country with political elites will allow democratic institutions to flourish if the country develops enough natural resources to become wealthy.
• C)According to modernization theory, economic development is important to democratization, but a focus on elites shows that the type of wealth or resources has a big impact on the success of democratization.
• D)Concentration of economic assets in the hands of a few elites in power ultimately advances democracy because those elites feel secure in their positions and thus allow democratization to flourish.
• E)Decline of natural resources or economic stagnation typically forces an entrenchment of elites and a reduction of the chances for democratization.

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Definitions:

Prepaid Expense

An expense that has been paid in advance and is recorded as an asset until it is actually incurred.

Accrued Liabilities

Obligations that a company has incurred during a specified accounting period but has not yet paid out, often appearing as current liabilities on the balance sheet.

Depreciation

The systematic allocation of the cost of a tangible asset over its useful life, reflecting the decrease in value over time.

Indirect Method

A technique used in cash flow statement preparation that adjusts net income for changes in balance sheet accounts to calculate operating cash flow.