"We, the Members of the United Nations... Solemnly proclaim our united determination to work urgently for the establishment of a New International Economic Order based on equity, sovereign equality, interdependence, common interest and cooperation among all States, irrespective of their economic and social systems which shall correct inequalities and redress existing injustices, make it possible to eliminate the widening gap between the developed and the developing countries and ensure steadily accelerating economic and social development and peace and justice for present and future generations..."
— United Nations General Assembly, Declaration on the Establishment of a New International Economic Order, 1974
Which of the following twentieth-century developments most directly prompted the call for reform expressed in the excerpt?
- The persistent economic inequalities between newly independent nations and industrialized powers following decolonization.Answer
- BThe complete cultural homogenization of the global population under a single standardized consumer identity.
- CThe re-establishment of mercantilist trade systems designed to secure exclusive colonial markets for imperial powers.
- DThe wholesale replacement of global capitalist systems with Marxist-Leninist command economies across the Global South.