Multiple Choice
Which of the following is the most appropriate description of crony capitalism in Southeast Asia?
A) Personal and familial connections among politicians, bankers, and entrepreneurs are used to create economic opportunities.
B) Close ties formed among small groups of states allow them to jointly coordinate development projects.
C) Private interests make investment decisions while state planners have responsibility for daily business operations.
D) Companies invest outside of their areas of specialization in order to control all stages of the production process.
Correct Answer:
Verified
Correct Answer:
Verified
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