POL431 Email: bbcnoun@gmail.com Whatsapp: 08131667008 States, especially in Third World countries have been described as the Answer: rentier state globalisation can be defined as the process of of economic, social and cultural relations across international boundaries. Answer: intensification Technological dependence underlies the of the colonial economies by the metropolitan economies. Answer: exploitation The most important government needs to make are on people. Answer: investment Debt, worsening terms of trade and negative capital flows present enormous difficulties to Africa’s prospects. Answer: development The Third world nations are because they have relatively little or no control over their national economies. Answer: dependent Dualism emphasises that economic laws that are found valid in the advanced capitalist countries, do exist in Answer: third world countries The ties of financial dependence are strongest in countries where the financial systems and by extension the monetary and credit policies are under the control of Answer: multi-national corporations (mncs) The main force propelling the world at the end of the 20th century is Answer: globalisation The collapse of Soviet Union and Eastern European communist nations revealed or exposed the weaknesses of the centralised and command Answer: economy Email: bbcnoun@gmail.com Whatsapp: 08131667008