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Economic Growth and Globalization Quiz

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Questions and Answers

What is one of the pros of modernization mentioned in the text?

Increases social mobility (correct)

Promotes environmental degradation

Leads to economic stagnation

Encourages cultural homogeneity

What is a con of modernization?

Promotes traditional values

Leads to environmental preservation

Encourages social and economic equality

Interferes with traditional values (correct)

What characterizes the dependency syndrome according to the text?

Mutual benefit between core and peripheral economies

Equal exploitation of economic surplus

Unidirectional relationship favoring peripheral economies (correct)

No relationship between core and peripheral economies

What is an advantage of the dependency theory stated in the text?

Emphasizes structural factors in global economy Signup and view all the answers

Why are underdeveloped countries not mere primitive versions of developed countries according to the text?

They have unique features and structures of their own Signup and view all the answers

What does modernization encourage, as per the text?

Rational values and scientific development Signup and view all the answers

What does the dependency theory help to explain according to the text?

Impact of imperialism on global economy Signup and view all the answers

What is one disadvantage of the dependence theory according to the text?

Does not provide insights for improving poor nations' economies Signup and view all the answers

How does modernization affect morality, as per the text?

Leads to moral degradation Signup and view all the answers

What does modernization nurture, based on the text?

Secular ideology Signup and view all the answers