Asked by Patricia Tucker’Hicks on Jun 25, 2024
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Joseph, a third year economics student, gives a speech about the ways to alleviate poverty. If Joseph's thoughts in this matter are aligned with the views of economist Dambisa Moyo, which of the following arguments will Joseph support?
A) Poverty-stricken countries can be lifted using the funds provided by developed countries.
B) Foreign aid is completely utilized to develop infrastructure for the poor.
C) Foreign aid creates a natural, healthy reliance on foreign donors.
D) Foreign aid is a waste of resources when it is used to alleviate poverty.
Dambisa Moyo
An international economist known for her work on global economic issues, including aid, poverty, and globalisation.
Foreign Aid
Financial or material assistance given by one country to another for development, relief, or economic stability.
Infrastructure
The foundational facilities and systems serving a country, city, or area, including transportation, communication, sewage, water, and electric systems.
- Understand the mechanisms and impacts of foreign assistance compared to self-sufficiency in nations afflicted by poverty.
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Learning Objectives
- Understand the mechanisms and impacts of foreign assistance compared to self-sufficiency in nations afflicted by poverty.
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