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.

Exploring Economics
8th Edition
ISBN:9781544336329
Author:Robert L. Sexton
Publisher:Robert L. Sexton
Chapter20: Economic Growth In The Global Economy
Section: Chapter Questions
Problem 10P
icon
Related questions
Question

Pls answer both for a thumbs up!

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
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Bayesian Nash Equilibrium
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Exploring Economics
Exploring Economics
Economics
ISBN:
9781544336329
Author:
Robert L. Sexton
Publisher:
SAGE Publications, Inc
Macroeconomics: Private and Public Choice (MindTa…
Macroeconomics: Private and Public Choice (MindTa…
Economics
ISBN:
9781305506756
Author:
James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:
Cengage Learning
Economics: Private and Public Choice (MindTap Cou…
Economics: Private and Public Choice (MindTap Cou…
Economics
ISBN:
9781305506725
Author:
James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:
Cengage Learning
Economics:
Economics:
Economics
ISBN:
9781285859460
Author:
BOYES, William
Publisher:
Cengage Learning
Economics (MindTap Course List)
Economics (MindTap Course List)
Economics
ISBN:
9781337617383
Author:
Roger A. Arnold
Publisher:
Cengage Learning
Macroeconomics
Macroeconomics
Economics
ISBN:
9781337617390
Author:
Roger A. Arnold
Publisher:
Cengage Learning