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Social change in third world nations has been viewed from two perspectives: modernization and world system or dependency theory.Explain each perspective.
Interest Payments
Payments made periodically, often annually or semi-annually, as compensation for borrowing money, calculated as a percentage of the total amount borrowed.
Bond Price
The market price for which a bond is bought or sold, influenced by interest rates, credit quality, and maturity.
Interest-Bearing Note
A debt instrument that pays interest to the holder at a fixed or variable rate until its maturity.
Bond
A fixed-income investment in which an investor loans money to an entity (typically corporate or governmental) which borrows the funds for a defined period at a variable or fixed interest rate.
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