Question 1

For every dollar earned by someone in a low-income nation,a person in a high-income nation earns about four dollars.

Accepted Answer

A) True 
 B)False

Question 2

In past centuries,European nations colonized countries in

Accepted Answer

A)  Africa,Latin America,and Asia.
B)  only Latin America.
C)  only Asia.
D)  only Africa.E) A) and B)
F) A) and C)

Question 3

The wealthiest 20 percent of the global population receives about what percentage of all global income?

Accepted Answer

A)  25 percent
B)  37 percent
C)  50 percent
D)  77 percentE) A) and C)
F) B) and C)

Question 4

What concept refers to a global economy in which multinational corporations exploit people in low-income nations?

Accepted Answer

A)  colonialism
B)  corporate slavery
C)  neocolonialism
D)  international bondageE) None of the above
F) B) and C) C

Question 5

Which type of slavery refers to one person owning another?

Accepted Answer

A)  chattel slavery
B)  child slavery
C)  debt bondage
D)  servile forms of marriageE) B) and C)
F) All of the above A

Question 6

According to dependency theory,poor countries have become dependent on rich nations because

Accepted Answer

A)  they sell raw materials to rich nations.
B)  rich countries bring tourism dollars.
C)  rich nations buy their manufactured goods.
D)  rich nations have brought them economic affluence.E) None of the above
F) A) and B)

Question 7

According to Immanuel Wallerstein's theory of global capitalism,which nations are at the "core" of the world economy?

Accepted Answer

A)  high-income nations
B)  middle-income nations
C)  low-income nations
D)  All nations form the "core."E) B) and C)
F) A) and B)

Question 8

The concept of "colonialism" refers to the process by which

Accepted Answer

A)  rich nations share advanced technology with poor countries.
B)  some nations enrich themselves through political and economic control of others.
C)  poor nations force an end to control by other nations.
D)  immigration helps to spark economic development in rich nations.E) B) and C)
F) B) and D)

Question 9

High-income nations

Accepted Answer

A)  are more densely populated than middle- and low-income nations.
B)  make use of factories,big machinery,and advanced technology.
C)  contain half of the world's financial markets.
D)  are culturally homogenous.E) B) and D)
F) All of the above

Question 10

Compared to poverty in the United States,poverty throughout the world as a whole is more widespread and more severe.

Accepted Answer

A) True 
 B)False

Question 11

The richest 20 percent of the world's people receive 50 percent of the entire world's income.

Accepted Answer

A) True 
 B)False

Question 12

The text defines middle-income nations as having per capita income between $2,500 and $12,000 per year.

Accepted Answer

A) True 
 B)False

Question 13

A recent United Nations report shows that,in general,high-income nations have a higher quality of life than low-income nations.

Accepted Answer

A) True 
 B)False

Question 14

Rich nations are now in debt to low-income nations because of the amount of raw material that they buy.

Accepted Answer

A) True 
 B)False

Question 15

Some critics claim that modernization theory

Accepted Answer

A)  blames low-income countries for their own poverty.
B)  amounts to an attack on capitalism.
C)  treats rich and poor societies as linked.
D)  amounts to an attack on socialism.E) C) and D)
F) None of the above

Question 16

Some critics claim that modernization theory

Accepted Answer

A)  ignores how rich nations prevent the economic development of poor nations.
B)  amounts to an attack on capitalism.
C)  treats rich and poor societies as linked.
D)  amounts to an attack on socialism.E) A) and B)
F) A) and C) A

Question 17

Critics say that dependency theory wrongly treats wealth as a zero-sum,ignoring how the world has become much richer over time.

Accepted Answer

A) True 
 B)False

Question 18

According to modernization theory,the greatest barrier to economic development is

Accepted Answer

A)  technology.
B)  multinational corporations.
C)  capitalism.
D)  tradition.E) A) and B)
F) A) and C)

Question 19

According to modernization theory,the greatest barrier to economic development is

Accepted Answer

A)  technology.
B)  multinational corporations.
C)  capitalism.
D)  traditional culture.E) A) and B)
F) A) and D)

Question 20

In Walt Rostow's model of economic development,the first stage before the modernization process begins is called "take-off stage."

Accepted Answer

A) True 
 B)False

Exam 12: Global Stratification

For every dollar earned by someone in a low-income nation,a person in a high-income nation earns about four dollars.

Correct AnswerverifiedShow Answer

In past centuries,European nations colonized countries in

Correct AnswerverifiedShow Answer

The wealthiest 20 percent of the global population receives about what percentage of all global income?

Correct AnswerverifiedShow Answer

What concept refers to a global economy in which multinational corporations exploit people in low-income nations?

Correct AnswerverifiedC

Which type of slavery refers to one person owning another?

Correct AnswerverifiedA

According to dependency theory,poor countries have become dependent on rich nations because

Correct AnswerverifiedShow Answer

According to Immanuel Wallerstein's theory of global capitalism,which nations are at the "core" of the world economy?

Correct AnswerverifiedShow Answer

The concept of "colonialism" refers to the process by which

Correct AnswerverifiedShow Answer

High-income nations

Correct AnswerverifiedShow Answer

Compared to poverty in the United States,poverty throughout the world as a whole is more widespread and more severe.

Correct AnswerverifiedShow Answer

The richest 20 percent of the world's people receive 50 percent of the entire world's income.

Correct AnswerverifiedShow Answer

The text defines middle-income nations as having per capita income between $2,500 and $12,000 per year.

Correct AnswerverifiedShow Answer

A recent United Nations report shows that,in general,high-income nations have a higher quality of life than low-income nations.

Correct AnswerverifiedShow Answer

Rich nations are now in debt to low-income nations because of the amount of raw material that they buy.

Correct AnswerverifiedShow Answer

Some critics claim that modernization theory

Correct AnswerverifiedShow Answer

Some critics claim that modernization theory

Correct AnswerverifiedA

Critics say that dependency theory wrongly treats wealth as a zero-sum,ignoring how the world has become much richer over time.

Correct AnswerverifiedShow Answer

According to modernization theory,the greatest barrier to economic development is

Correct AnswerverifiedShow Answer

According to modernization theory,the greatest barrier to economic development is

Correct AnswerverifiedShow Answer

In Walt Rostow's model of economic development,the first stage before the modernization process begins is called "take-off stage."

Correct AnswerverifiedShow Answer

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