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.