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:
10th Edition
ISBN:9781285859460
Author:BOYES, William
Publisher:BOYES, William
Chapter17: Development Economics
Section: Chapter Questions
Problem 16E
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.
Recommended textbooks for you
Economics:
Economics:
Economics
ISBN:
9781285859460
Author:
BOYES, William
Publisher:
Cengage Learning
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 (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
Micro Economics For Today
Micro Economics For Today
Economics
ISBN:
9781337613064
Author:
Tucker, Irvin B.
Publisher:
Cengage,