Category: Economic Development in Historical Perspective

A. declined
B. increased
C. remained the same
D. cannot be determined

A. Association of South East Argo Nations
B. Association of South East Asian Nations
C. Alliance of South East Asian Neighbors
D. Alliance of South Eastern African Nations

A. groups of affiliated companies loosely organized around a large bank
B. horizontal manufacturing groups consisting of a core company and its partners
C. State-assisted entrepreneurs
D. financial cliques

A. a strong Catholic church intervention in the economic decisions
B. an emphasis on trade restrictions
C. the use of the medieval economy
D. the rise of capitalism

A. low interest rates
B. political instability inhibits world-wide investment
C. human capital or technical skills were lacking
D. real domestic currency depreciation exists

A. the monarchy
B. the central planners of the Soviet Union
C. the capitalist and middle class
D. the aristocrats of wealthy nations

A. zaibatsu
B. chaebol
C. laissez faire
D. bourgeoisie