Third World Debt Crisis Causes and Effects Questions

Question 13 pts Divisions in the Third World enabled global political and economic elites to argue that a country’s debt stress stemmed from failure to copy the newly industrializing countries’ (NICs’) strategy of export diversification in the world market. Group of answer choices True False Flag question: Question 2 Question 23 pts Geopolitical reasons such as the presence of militarized zones are responsible for the success of Asian NICs. Group of answer choices True False Flag question: Question 3 Question 33 pts The debt crises in the Third World resulted from default on loans from the First World. Group of answer choices True False Flag question: Question 4 Question 43 pts Middle-income nations like Brazil, Thailand, and Turkey, did not shift loan repayment costs onto the working poor austerity cuts in social services. Group of answer choices True False Flag question: Question 5 Question 53 pts Which of the following is NOT an effect of structural adjustment programs? Group of answer choices Increased value of labor Lower standard of living for poor nations Decreased consumption in poor countries Increased exporting of raw materials Flag question: Question 6 Question 63 pts All of the following are examples of new agricultural countries, except ______. Group of answer choices Cuba Brazil Mexico Argentina Flag question: Question 7 Question 73 pts The global production system arose because of ______. Group of answer choices the growth of export manufacturing and labor-intensive activities in the East Asian region the lack of tax incentives in East Asia increasing interest in globalized goods decreasing balance of payments Flag question: Question 8 Question 83 pts World factories are different from traditional track of exporting processed resources because ______. Group of answer choices production steps are located in geographically dispersed assembly lines their products contain parts from every part of the world their products have no “made in” tag goods are manufactured and produced for the world Flag question: Question 9 Question 93 pts Neoliberalism underpinned the globalization project by ______. Group of answer choices allowing the global minority with purchasing power to capture resources in the “free market” dividing countries based on their belief system providing farmers in the Third World with more education creating government plans that interfered with poverty intervention Flag question: Question 10 Question 103 pts For First World firms, export-oriented industrialization became a means of ______. Group of answer choices relocating manufacturing of goods and machinery into the Third World exporting raw materials into Third World consolidating their influence over global industrialization ensuring progress of the development project