Which of These Is Not a Criticism of Modernization Theory

question 146

Multiple Choice

Which of these is not a criticism of modernization theory presented in the text?

• A)it is based on the assumption that wealthier countries like the U.S.have superior values
• B)it ignores factors that are outside of the control of the poorer nations
• C)it places too great an emphasis on the role of government in influencing economic development
• D)it does not take into account the relationships that exist among countries

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Definitions:

Marginal Social Cost

The cost to society of producing one additional unit of a good, including both the cost to the producer and any costs to others from that production.

Marginal Social Benefit

The additional benefit to society resulting from the production or consumption of one more unit of a good or service.

Pollution

The contamination of the natural environment by harmful substances or energies, often resulting from human activities.

Efficient

The condition in which resources are allocated in a way that maximizes the net benefit to society or achieves an optimal outcome where no one can be made better off without making someone else worse off.