SOLVED

21) In 2007, the GDP per person in the United States was $46 400, whereas in Canada it was approximately a. $60 000. b. $58 000. c. $38 000. d. $24 000. 22) According to the World Institute for Development and Economics Research, almost ____ percent of the world’s wealth is found in North America, Europe, and high-income Asia- Pacific countries. a. 50 b. 65 c. 80 d. 90 23) The goal of this theory is to propose strategies for economic growth and political stability. a. modernization theory b. dependency theory c. world system theory d. development theory 24) This theoretical approach asserts that since industrialized nations are doing so well, poor countries should naturally want to be like them. a. modernization theory b. dependency theory c. world system theory d. development theory 25) Which of the following is not a critique of modernization theory? a. It is simplistic and overlooks the complexity of poverty. b. It blames individuals for their own poverty. c. Modernization is best achieved through economic growth and industrialization. d. It is both Eurocentric and ethnocentric. 26) The primary intent of this theory is to explain and advance the transition from traditional to modern society. a. modernization b. dependency c. world system d. Marxist 27) This theory critiques modernization theory for failing to see underdevelopment as the inevitable outcome of long-term inequality between advanced and less developed nations. a. modernization theory b. dependency theory c. world system theory d. development theory 28) This theory investigates the economic and political hierarchy that links all economies into a global system. a. modernization theory b. dependency theory c. world system theory d. development theory 29) According to world system theorists, the ___________ refers to wealthy, developed countries, and the ____________ refers to countries from which resources are extracted. a. core; semi-periphery b. periphery; core c. periphery; semi-periphery d. core; periphery 30) “Globalization maintains and enhances the wealth of a small number of nations while creating poverty in others!” This statement would be most likely made by a ________________ theorist. a. world system b. modernization c. dependency d. post-modern