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. Which three policies were successful for several Asian countries in kickstarting economic growthand industrialization?O Democratic Reform, Corporate Policy, Foreign InvestmentO Land Use Reform, Export Discipline, and Financial PolicyTax Reform, Institutional Barriers, Free TradeO Democratic Reform, Export Discipline, Nationalization of Banks22-53-611200 2400212121220122-25 21MES

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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. They regulate innovation and research. O They set the economic incentives people face.

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.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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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.

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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