Multiple Choice
The ________ claims that the way societies have organized themselves and shaped the incentives of individuals and businesses are at the root of the differences in prosperity across the world.
A) institutions hypothesis
B) culture hypothesis
C) geography hypothesis
D) location hypothesis
Correct Answer:
Verified
Correct Answer:
Verified
Q25: What will happen if the institutions in
Q26: Consider two countries: Country A and Country
Q27: Which of the following statements is true
Q28: If urbanization in a nation keeps increasing,GDP
Q29: Which of the following statements is true?<br>A)
Q31: If institutions in an economy change from
Q32: The availability of vast stocks of natural
Q33: How do entry barriers hamper economic prosperity?
Q34: What is meant by the geography hypothesis?
Q35: What are private property rights? Does enforcement