Most of the Third World/Fourth World debt was incurred in ?

Related Mcqs:

The main reason why land reform increase agricultural output is that is ?

A. encourages mechanization B. allows the farmers to set the prices for their agricultural products C. enables farmers to escape the problem of diminishing return D. makes farmers owners of the land instead of tenants and owners’ farmers are more productive than tenant farmers...

Debt-re-scheduling is ?

A. an agreement with the World Bank to turn some of a debt into other forms B. a change in debt repayment due to inability to pay C. regular payments of interest and repayments of capital D. a program of austerity measures agreed with the IMF to make repayment possible...

When economists talk about developing countries experiencing flight of capital they mean?

A. money lent to the country being immediately invested abroad B. People investing their money in urban business rather than agriculture C. money moving around financial institutions rather than being invested in production D. people investing money abroad rather than in their own country...

Developing countries, if compared with other countries, have ?

A. a lower rate of illiteracy B. a greater degree of equality in the income distribution C. a lower infant mortality rate D. a smaller percentage of the labor force in urban areas...

Which of the following factors has been suggest as an explanation for the lack of economic growth in many poor nations ?

A. The constraints imposed by dependency on the already-developed nations B. A steady rate of capital formation C. An adequate level of social overhead capital D. The supply of human resources is too high...