World Systems Theory Focuses on

question 18

Multiple Choice

World systems theory focuses on

• A) internal factors in individual countries.
• B) patterns of migration and other population issues.
• C) the belief that there is a world economic system that must be understood as a single unit.
• D) neocolonial relationships between individual countries and their former colonizers.

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Definitions:

Free Cash Flow

A measure of financial performance calculated as operating cash flow minus capital expenditures, representing the cash that a company is able to generate after spending the money required to maintain or expand its asset base.

Capital Expenditures

Funds used by a company to acquire, upgrade, and maintain physical assets such as property, plants, buildings, technology, or equipment.

Cash Dividends

Payments made by a corporation to its shareholders, representing a distribution of profits.

Indirect Method

A technique used in cash flow statement preparation that adjusts net income for changes in balance sheet accounts to calculate operating cash flow.