Total income is the money earned from all producers in a country.
Answer:
Monitor is not a hardware component
Answer:
The correct answer is: d) modernization theory
Explanation:
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.
Answer:
I reject it
Explanation:
The main purpose of Mercantilism is to maximize the exports of products made in one country while minimizing the imports at the same time. This is a very efficient method for a country to accumulate wealth.
But, this practice was what leading to the colonization period.
IN order to minimize import, European countries at that time attack and colonize smaller countries. They extract the resources from them and use it to sustain their own economy. Even though this made European countries gained wealth, it caused a massive economic destruction to the area they colonized.
