What USforeign Policy Between the 1950s and the 1970s Had a a Big

question 75

Multiple Choice

What U.S.foreign policy between the 1950s and the 1970s had a big impact on the development of Third World nations?

• A) The United States supported dictatorships and opposed democratically elected governments.
• B) The United States led the world in foreign aid with few return obligations from recipient nations.
• C) The United States had little or no involvement in the politics and economics of poor nations.
• D) The United States fought to remove dictatorships and support democratically elected governments.

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Definitions:

Induced Consumption

The concept that the level of consumer spending increases as disposable income rises, and decreases as disposable income falls, all else being constant.

Induced Consumption

Induced consumption is the portion of consumer spending that increases with an increase in disposable income.

Disposable Income

The finance available to households for expenditures and saving after reducing income taxes.

Disposable Income

Money that households can earmark for spending and saving after income taxes are considered.