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Multiple Choice
A) colonization of precapitalist regions by the most advanced Western countries
B) heavy investment of big capitalists in the world's most backward regions for the purpose of extracting raw materials
C) extensive transnational investment in underdeveloped nations
D) increasing indebtedness of the underdeveloped nations to core banks and other Western financial institutions
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Multiple Choice
A) there is only so much consumer demand for domestic products
B) it has a limited ability to create jobs
C) it maintains a dependence on imported capital goods
D) all of these
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Multiple Choice
A) suggests that there is a fundamental flaw in radical theories of underdevelopment
B) can be explained in terms of soft dependency theory or world-system theory
C) can be explained only by modernization theory
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A) the withdrawal of the underdeveloped countries from the capitalist world- economy
B) the development of socialism
C) greater fiscal austerity on the part of Third World governments
D) greater contact between the underdeveloped countries and the developed world, especially in the form of greater capital investment and more diffusion of technology
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A) limiting the importation of foreign goods and concentrating on development for the domestic market
B) rejecting some foreign imports and substituting other imports for them
C) producing consumer goods for sale in the world market
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Multiple Choice
A) "the US is a rich old uncle trying to teach his nephews the secret of success"
B) "a woman is just a woman, but a cigar is a good smoke"
C) "the US is a neocolonialist monster trying to bend the Third World to its will"
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Multiple Choice
A) the most developed parts of Spanish America
B) the least developed parts of Spanish America
C) at about the same level of development as those areas that were least heavily colonized centuries ago
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