The Idea That the More Any Given Resource Is Applied

question 15

Multiple Choice

The idea that the more any given resource is applied to production, the lower the marginal gain in output, until a point is reached where the additional inputs produce no additional output, is referred to as:

• A) the point of no return.
• B) the law of diminishing returns.
• C) supply and demand.
• D) inelasticity.
• E) virtual economics.

Debate the net impact of transnational corporations' operations in poor countries.

Evaluate the role and impact of major international organizations (IMF, World Bank, WTO) on the wealth gap between rich and poor countries.

Contrast modernization theory and dependency theory in terms of their approach to development and substantiate a personal stance.

Understand the role of conflict in inspiring social change.

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Definitions:

Virtual Meetings

Conferences or gatherings held over the internet using software platforms, where participants can interact without the need for physical presence.

Real Time

Events or processes that occur or are captured at the moment they happen, without noticeable delay.

Visual Data

Information that has been processed or presented in a graphical or visual format, such as charts, graphs, and maps, to facilitate understanding.

Listening Process

The active engagement in hearing and trying to comprehend the message being conveyed by another party.