What important function do institutions serve for economic development? O They assign resources to the industries they are needed. O They monitor financial aid from other nations. They regulate innovation and research. O They set the economic incentives people face.

Economics Today and Tomorrow, Student Edition
1st Edition
ISBN:9780078747663
Author:McGraw-Hill
Publisher:McGraw-Hill
Chapter19: Economic Growth In Developing Nations
Section: Chapter Questions
Problem 24AA
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What important function do institutions serve for economic development?
O They assign resources to the industries they are needed.
O They monitor financial aid from other nations.
O They regulate innovation and research.
They set the economic incentives people face.
Transcribed Image Text:What important function do institutions serve for economic development? O They assign resources to the industries they are needed. O They monitor financial aid from other nations. O They regulate innovation and research. They set the economic incentives people face.
Which three policies were successful for several Asian countries in kickstarting economic growth
and industrialization?
O Democratic Reform, Corporate Policy, Foreign Investment
O Land Use Reform, Export Discipline, and Financial Policy
Tax Reform, Institutional Barriers, Free Trade
O Democratic Reform, Export Discipline, Nationalization of Banks
22-53-611
200 2400
2121212
201
22-25 21
MES
Transcribed Image Text:Which three policies were successful for several Asian countries in kickstarting economic growth and industrialization? O Democratic Reform, Corporate Policy, Foreign Investment O Land Use Reform, Export Discipline, and Financial Policy Tax Reform, Institutional Barriers, Free Trade O Democratic Reform, Export Discipline, Nationalization of Banks 22-53-611 200 2400 2121212 201 22-25 21 MES
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