Question 1

What consequence did the countries in the global south experience as a result of international lending agencies imposing SAPs?

Accepted Answer

A)   an economic growth increase of approximately 2.5 percent per year between 1980 and 1998.
B)   an economic growth increase of approximately 5 percent per year between 1980 and 1998.
C)   no economic growth between 1980 and 1998.
D)   negative economic growth between 1980 and 1998.E) All of the above
F) A) and B)

Question 2

Modernization theory suggests that in the 1500s societies of the global south were undeveloped. Which of the following can be said about this belief?

Accepted Answer

A)   Much of the global south was developed but not nearly so much as the north.
B)   Many superior societies existed in the south but they had all disappeared by the 1500s.
C)   Areas from China, the Middle East, Africa, and South America were underdeveloped.
D)   The notion is a socially constructed fiction perpetrated in the developed world.E) A) and B)
F) A) and C)

Question 3

Which of the following would be an example of the costs associated with neoliberal expansion in the developing world?

Accepted Answer

A)   rising costs for housing
B)   massive environmental destruction
C)   rising consumer expectations by the population
D)   costs associated with infrastructure developmentE) B) and C)
F) All of the above

Question 4

The assumption of neoliberalists is that demand for labour, capital, and commodities will equal supply if there is no interference.

Accepted Answer

A) True 
 B)False

Question 5

According to Andre Gunder Frank, what effect did the development of capitalism have on the global south?

Accepted Answer

A)   Capitalism aided in the modernization of the poorer countries.
B)   The capitalist system generated underdevelopment.
C)   Capitalist enterprises aided in the development of democracies.
D)   Foreign investment helped build civil infrastructure.E) A) and B)
F) A) and C)

Question 6

Discuss the success of emerging economies and how and why the measures taken there have helped fuel growth in these countries.

Accepted Answer

Responses will vary; Asian Tig...

Question 7

Canada was initially a collection of colonial colonies until it achieved its independence in 1867. How did Canada become a prosperous country in spite of its colonial past?

Accepted Answer

The European settlers overwhelmed the Ab...

Question 8

Although more people in India might have higher incomes as a consequence of neoliberalism, which aspects of living are not captured by economic indicators of well-being?

Accepted Answer

A)   individual values about consumerism
B)   how inflation affects buying power
C)   regional differences in real-estate costs
D)   issues such as security and air qualityE) A) and B)
F) A) and C)

Question 9

A factory in Country X purchases raw materials from Country Y to make its product. Profits will be reinvested in the factory, increasing production and profits in Country X. Country Y will never make enough profits from the sale of materials to build its own factory. What theory could be used to explain the relationship that has developed between countries X and Y?

Accepted Answer

A)   capitalist theory
B)   modernization theory
C)   dependency theory
D)   underdevelopment theoryE) A) and D)
F) B) and C)

Question 10

Which countries would neoliberals use as proof that their principles for development work?

Accepted Answer

A)   Paraguay and Chile
B)   Mexico and India
C)   Brazil and Bolivia
D)   Venezuela and UruguayE) B) and D)
F) A) and B)

Question 11

Samir always struggled to make enough money for his family to live on and was aware of wealth differences, especially when he compared himself to Evelyn, the owner of the factory where he worked. However, in the 1970s, he became aware that the gap between himself and Evelyn was growing. In addition to transnational corporations and technological advancements, what factor added to the widening income gap?

Accepted Answer

A)   the introduction of neoliberal policies
B)   the introduction of development policies
C)   the introduction of poverty measures
D)   the introduction of social policiesE) A) and B)
F) All of the above

Question 12

According to the text, why is development an important issue for many Canadians?

Accepted Answer

A)   because it is about morality
B)   because we are compassionate
C)   because it is profitable
D)   because we are charitableE) C) and D)
F) None of the above

Question 13

As world income increased by an average of 2.5 percent annually, what corresponding change accompanied this increase?

Accepted Answer

A)   There are currently 100 million more poor people in the world.
B)   The world's poverty levels remain unchanged.
C)   Because of inflation, net gains in living standards are minimal.
D)   The gap between the world's rich and poor has decreased.E) A) and B)
F) A) and C)

Question 14

According to modernization theorists, why are Third World countries economically disadvantaged?

Accepted Answer

A)   Restrictions on economic development exist.
B)   They have not yet adopted Western values.
C)   Liberalism has thwarted economic development.
D)   There is not enough local governance.E) A) and B)
F) All of the above

Question 15

What long-term effect did slavery have on the economies of the European countries and the United States?

Accepted Answer

A)   Slavery formed the basis of the multiethnic modern world of the leading democracies.
B)   Tensions existed in these countries between those who were for and against slavery.
C)   Slavery enabled the accumulation of capital that later fuelled economic development.
D)   Slavery slowed the growth of technology because manual labour was so inexpensive.E) B) and C)
F) None of the above

Exam 9: Development and Underdevelopment

Canada was initially a collection of colonial colonies until it achieved its independence in 1867. How did Canada become a prosperous country in spite of its colonial past?

Correct Answer
verified
The European settlers overwhelmed the Ab...
View Answer

According to the text, why is development an important issue for many Canadians?

Correct Answer
verified

The assumption of neoliberalists is that demand for labour, capital, and commodities will equal supply if there is no interference.

Correct Answer
verified

What long-term effect did slavery have on the economies of the European countries and the United States?

Correct Answer
verified

What consequence did the countries in the global south experience as a result of international lending agencies imposing SAPs?

Correct Answer
verified

Discuss the success of emerging economies and how and why the measures taken there have helped fuel growth in these countries.

Correct Answer
verified
Responses will vary; Asian Tig...
View Answer

According to modernization theorists, why are Third World countries economically disadvantaged?

Correct Answer
verified

Correct Answer
verified

As world income increased by an average of 2.5 percent annually, what corresponding change accompanied this increase?

Correct Answer
verified

Which countries would neoliberals use as proof that their principles for development work?

Correct Answer
verified

Modernization theory suggests that in the 1500s societies of the global south were undeveloped. Which of the following can be said about this belief?

Correct Answer
verified

Correct Answer
verified

Which of the following would be an example of the costs associated with neoliberal expansion in the developing world?

Correct Answer
verified

Although more people in India might have higher incomes as a consequence of neoliberalism, which aspects of living are not captured by economic indicators of well-being?

Correct Answer
verified

According to Andre Gunder Frank, what effect did the development of capitalism have on the global south?

Correct Answer
verified

Exam 9: Development and Underdevelopment

Canada was initially a collection of colonial colonies until it achieved its independence in 1867. How did Canada become a prosperous country in spite of its colonial past?

Correct AnswerverifiedThe European settlers overwhelmed the Ab...View AnswerShow Answer

According to the text, why is development an important issue for many Canadians?

Correct AnswerverifiedShow Answer

The assumption of neoliberalists is that demand for labour, capital, and commodities will equal supply if there is no interference.

Correct AnswerverifiedShow Answer

What long-term effect did slavery have on the economies of the European countries and the United States?

Correct AnswerverifiedShow Answer

What consequence did the countries in the global south experience as a result of international lending agencies imposing SAPs?

Correct AnswerverifiedShow Answer

Discuss the success of emerging economies and how and why the measures taken there have helped fuel growth in these countries.

Correct AnswerverifiedResponses will vary; Asian Tig...View AnswerShow Answer

According to modernization theorists, why are Third World countries economically disadvantaged?

Correct AnswerverifiedShow Answer

Correct AnswerverifiedShow Answer

As world income increased by an average of 2.5 percent annually, what corresponding change accompanied this increase?

Correct AnswerverifiedShow Answer

Which countries would neoliberals use as proof that their principles for development work?

Correct AnswerverifiedShow Answer

Modernization theory suggests that in the 1500s societies of the global south were undeveloped. Which of the following can be said about this belief?

Correct AnswerverifiedShow Answer

Correct AnswerverifiedShow Answer

Which of the following would be an example of the costs associated with neoliberal expansion in the developing world?

Correct AnswerverifiedShow Answer

Although more people in India might have higher incomes as a consequence of neoliberalism, which aspects of living are not captured by economic indicators of well-being?

Correct AnswerverifiedShow Answer

According to Andre Gunder Frank, what effect did the development of capitalism have on the global south?

Correct AnswerverifiedShow Answer

Correct Answer
verified
The European settlers overwhelmed the Ab...
View Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified
Responses will vary; Asian Tig...
View Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
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