Describe the Trend in Global Inequality Over the Course of the Last

question 86

Essay

Describe the trend in global inequality over the course of the last century, especially since 1970.Based on where we have been and where we are now, predict where the world may be a century from now.What prediction would modernization theory support? What about dependency theory? How accurate do you think each prediction is? Why?

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Definitions:

Dependent Variable

The factor in a study or experiment that is anticipated to vary as a result of alterations in the independent variable.

Explained Variation

The portion of the total variation in a dataset that is accounted for by the model's predictions.

Random Error Term

Represents unexplained variability within a statistical model, capturing the random variance that is not accounted for by the explanatory variables.

Predictor Variables

Factors in statistical analyses that predict or account for variations in the dependent variable.