Institutional economics asserts which hypothesis about economic growth? Differences in the way that humans organize their societies are at the root of the differences in their relative prosperity. Differences in technological advaceements in economies are at the root of the differences in their relative prosperity. Differences in natural resources in economies are at the root of the differences in their relative prosperity. Differences in government structures (i.e. democracy vs. dictatorship) in economies are at the root of the differences in their relative prosperity.

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