3.1 Development PART TWO

3.1 Development PART TWO

Multiple Choice

Modernization theory identified that greatest barrier to economic development is

• industrialization

• urbanization

• tradition

• political systems

Multiple Choice

Which types of countries should less developed countries model themselves after if the want to develop?

• traditional society countries

• post-industrialized countries

• newly industrialized countries

• primary sector driven countries

Multiple Choice

According to Rostow's development model, a country with a lot of heavy industry that uses modern technology is in Stage

• Two

• Three

• Four

• Five

Multiple Choice

Critics say that this theory is ethnocentric in that it assumes wealthy countries set the standard for how all countries should be

• Modernization

• Dependency

Multiple Choice

model of economic and social development that explains global inequality in terms of the historical exploitation of poor nations by rich nations

• World Systems Theory

• Modernization Model

• Organic Theory

• Dependency Theory

Multiple Choice

Capitalist, developed, industrialized countries

• periphery

• core

• semi-periphery

• industrialization

Multiple Select

Privatization refers to ....

• Transfer of assets from people to government

• Transfer of assets from public to private

• Transfer of assets from corporate to public

• Transfer of assets from corporate to government

Multiple Select

Neoliberalism focuses on:

• Privatization

• Free trade.

Multiple Choice

Structural Adjustment Programs are used to

• Adopt cultural and social values of MDCs

• Prevent foreign trade to protect LDC industries

• Force LDCs to make economic changes before they get loans

• Force MDCs to trade with LDCs to improve them

Multiple Choice

Neoliberalism stands for significant government involvement in the economy

• true

• false

Multiple Choice

In neoliberalism the distribution of burdens/benefits is not unjust because it is not planned

• true

• false

Multiple Choice

The lowering or elimination of protective tariffs and other trade barriers between two or more nations.

• free trade
• protectionism
• balance of trade

Multiple Choice

What is meant by the "Washington Consensus"

• The US view of foreign affairs

• A ten point plan for economic growth in Europe

• A ten point plan for global economic reform and trade growth

• A neoliberal guideline for US economic development

Lesson recap

Multiple Choice

Which of the following states would be classified as a "core" country?

• Bolivia

• Egypt

• Cambodia

• France

Multiple Choice

At which stage of Rostow's Development Model would a country need loans from the IMF?

• Stage 1

• Stage 2

• Stage 4

• Stage 5

Multiple Choice

Critics of this theory say that poor leadership including dictatorships have caused poverty in some countries, not capitalism.

• Modernization

• Dependency

Multiple Choice

Rich nations are the core of the world economy

• Modernization

• Dependency

Multiple Choice

The global economy makes poor nations reliant upon the rich

• Modernization

• Dependency

Multiple Choice

Critics call this theory a defense of capitalism and state that poor countries have not industrialized

• Modernization

• Dependency

Multiple Choice

Critics say that this theory is ethnocentric in that it assumes wealthy countries set the standard for how all countries should be

• Modernization

• Dependency

Multiple Choice

Poor countries are in debt to the developed countries, keeping them poor

• Modernization

• Dependency

Multiple Choice

Tradition is the greatest barrier to development

• Modernization

• Dependency