Which of the Following Theories Argues That Global Inequality Is

question 84

Multiple Choice

Which of the following theories argues that global inequality is the result of powerful nations exploiting less powerful nations?

• A) dependency theory
• B) modernization theory
• C) world systems analysis
• D) colonial theory

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Definitions:

Adjusted Balances

Balances reported in financial statements that have been modified for any adjustments, like accruals or prepayments, to reflect true values.

Income Statement

A financial statement that reports a company's financial performance over a specific accounting period, detailing revenues, expenses, and net income or loss.

Balance Sheet

A balance sheet is a financial statement that provides a snapshot of a company's financial position at a particular date, showing assets, liabilities, and ownership equity.

Owner's Equity Statements

Financial documents that detail changes in owners’ equity accounts over a specific period due to contributions, withdrawals, and net income or loss.