Author Question: Inclusive economic institutions are ones that: a. increase generalized trust between members. b. ... (Read 80 times)

casperchen82 · **on:** Jul 8, 2018

Inclusive economic institutions are ones that:

a. increase generalized trust between members.
b. include several countries.
c. soften the harsh consequences of markets.
d. protect property rights.

Question 2

Extractive economic institutions are ones that:

a. involve extraction of oil and minerals and mining.
b. enable political leaders to concentrate power in their own hands.
c. grew from European colonization of less developed nations.
d. transfer a nation's income and wealth to a small elite.