What Is the "Race to the Bottom

question 56

Multiple Choice

What is the "race to the bottom"?

• A) When countries near the bottom of the global hierarchy lower their prices to outbid other similar competitors for work
• B) This is a spiral that begins to happen when countries stay near the bottom of the hierarchy too long-they begin to lose their national infrastructure
• C) This is when countries want to appear to be the most needy in order to receive the most attention from the Global North in order to receive more aid

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Definitions:

Operate

To function or perform effectively, often referring to machinery or procedures, but also can apply to individuals and organizations.

Ego

In psychoanalytic theory, the part of the personality that mediates between the demands of the id, the superego, and reality.

Psychosexual Stages

A Freudian theory that developmental stages occur from birth to adulthood, focusing on erogenous zones that drive pleasure-seeking behaviors.

Chronological Order

The arrangement of events in the order they occurred in time.