Multiple Choice
Extractive institutions ________.
A) are restricted to command economies
B) are restricted to market economies
C) privilege many at the expense of a few
D) privilege a few at the expense of many
Correct Answer:
Verified
Correct Answer:
Verified
Q34: What is meant by the geography hypothesis?
Q35: What are private property rights? Does enforcement
Q36: Consider two countries: Country A and Country
Q37: Consider two countries: Country A and Country
Q38: Political creative destruction _.<br>A) is detrimental to
Q40: Barylia is an economy with extractive institutions,such
Q41: If institutions in an economy change from
Q42: The colonization policy adopted by the European
Q43: Institutions _.<br>A) are mostly beyond human control<br>B)
Q44: Extractive institutions control political power to _.<br>A)