Within Development Economic literature, the modernization theory states that global inequalities are due to cultural differences between countries, and suggests that poor and under-developed countries should follow the industrialization path previously undertaken by rich, developed countries.

In contrast, world-system analysis, neocolonialism theory and dependency theory focus on exploitation of the poor countries (periphery) by rich countries (center) as the main source of inequality.

6 0

2 years ago

The working-age population in Concordia was estimated to be 6.5 million in a certain year. The country's labor department anno

RUDIKE [14]

Answer:

The correct answer is option E. "The government implemented a generous welfare plan 3 years ago to support people who cannot find work".

Explanation:

If the government of Concordia implemented a generous welfare plan 3 years ago to support people who cannot find work, it is very likely that nowadays a portion of the population is still being benefited from this plan. This situation will avoid that the unemployment rate in the country will go down, even though the government implemented adopted expansionary fiscal policies.

5 0

3 years ago