Which of the following analogies best illustrates the credit-debt trap?
A) A country must refinance a loan from 10 to 30 years to be able to make payments.
B) A company is paying off a 15-year loan on an investment that will not produce revenues for five years.
C) A family must take on additional jobs to pay back loans needed to provide a home and food.
D) A person is able to pay only some of the interest, and none of the principal, of a large credit card bill.
D
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Advances in telecommunications and transportation technologies lead to the perception of a shrinking world
Indicate whether this statement is true or false.
A deposit of sediment where a stream or river enters a lake or the ocean:a
alluvial fan d. tidal flat b. braided stream e. delta c. dune
Summertime wildfires in California are fanned by:
A) Hadley circulations. B) the Santa Ana winds. C) the westerlies. D) katabatic winds.
Which of the following is NOT an indicator of global gender inequality?
A) Women on average have only two-thirds of the income of men in MDCs. B) Women have much lower incomes than men in LDCs. C) Female life expectancy is less than males in every country of the world. D) Female literacy is much lower than males in Sub-Saharan Africa. E) Women hold less than one-fourth of managerial jobs in LDCs where data are available.