Question
please answer the following questions below just write the correct answer only: 1.The World Bank divides nations into High Income, Middle Income, and Low Income.
1.The World Bank divides nations into High Income, Middle Income, and Low Income.
True
False
2.According to the book, high-income countries face what two major issues:
a.Envy and criticism from other nations
b.Capital flight, which refers to the movement (flight) of capital from one nation to another, and deindustrialization, which is when no new companies open to replace the types of jobs lost to foreign nations.
c.bad trade agreements and too much representation in the United Nations.
d.all of the above
5.The underground economy is:
a.A market of food vendors set up in the subways.
b.A loosely defined unregulated market unaffected by taxes and unregulated by government permits, or human protections.
c.A movie about economically poor people and clothes markets in India.
d.None of the above.
3.The feminization of poverty means that: a. Women are responsible for causing global poverty. b. Women disproportionately make up the poor population across the globe. c. Women live less years than men. d. All of the above.
4.According to Modernization Theory, low-income countries are affected by their lack of industrialization and can improve their global economic standing through an adjustment of cultural values and attitudes to work industrialization and other forms of economic growth.However,critics point out which of the followingethnocentricbiases in this theory:
a.It supposes all countries have the same resources and are capable of following the same path.
b.It assumes that the goal of all countries is to be as developed as possible.
c.There is no room within this theory for the possibility that industrialization and technology are not the best goals.
d.All of the above
5.What are some of the implications of global inequality
a.The sedimentation (or entrenchment)of global inequality.
b.A decline in mental health for the poorest.
c.A decline in physical health for the poorest.
d.All of the above.
6.Dependency Theory states that:
a.Global inequality is primarily caused by core nations (or high-income nations) exploiting (taking advantage of) semi-peripheral and peripheral nations (or middle-income and low-income nations), which creates a cycle of dependence.
b.As long as peripheral nations are dependent on core nations for economic stimulus and access to a larger piece of the global economy, they will never achieve stable and consistent economic growth.
c.Since core nations and the World Bank choose which countries to make loans to and for kinds of development projects, they are creating highly segmented labor markets that are built to benefit the core nations.
d. All of the above.
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