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Author Question: Inclusive economic institutions are ones that: a. increase generalized trust between members. b. ... (Read 30 times)

casperchen82

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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.


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livaneabi

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Reply #1 on: Jul 8, 2018
Answer to Question 1

Answer: d

Answer to Question 2

Answer: d


casperchen82

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Reply 2 on: Jul 8, 2018
Thanks for the timely response, appreciate it

cdmart10

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Reply 3 on: Yesterday
Excellent

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