Author Question: Which of the following statements is true of colonies set up in North America? A) Production was ... (Read 76 times)

brutforce · **on:** Jun 30, 2018

Which of the following statements is true of colonies set up in North America?

A) Production was based on defined property rights in the colonies in North America.
B) The institutions set up in colonies in North America were mostly extractive.
C) The institutions in these colonies were similar to other British colonies established in Jamaica and Barbados.
D) Most of the people in these colonies were engaged in industrial production.

Question 2

Two countries have equal population. These countries will have equal income per capita in a particular year if ________.

A) the countries have equal inflation rate in that year
B) the GDP of both the countries are equal in that year
C) equal amounts of capital are available in both the countries in that year
D) the size of the working age population in both the countries are equal in that year

Perkypinki · **Reply #1 on:** Jun 30, 2018

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