Colonialism and Neocolonialism Both Refer to a Situation Where One

question 61

True/False

Colonialism and neocolonialism both refer to a situation where one country politically rules or controls another country.

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Definitions:

Automated Teller Machines

Electronic banking outlets that allow customers to complete transactions without the need for a branch representative.

Direct Deposits

Direct Deposits involve the electronic transfer of a payment directly from the account of the payer to the recipient's account, commonly used for payroll or benefit disbursements.

Float Time

The period between when a bank check is written and when it is actually withdrawn from the payer's account, typically used to advantage cash flow.

Unauthorized Payment

A transaction made without the consent or authorization of the account holder.