Which of the following policies could a relatively poor developing country adopt to promote economic growth? Check all that apply. Provide the legal and regulatory environment necessary for the functioning of a sound banking system. Establish and enforce strong property rights. Publicly fund a reasonable quantity of high-quality education. Allow people and businesses to trade freely with foreign producers and consumers. Allow the government to make all decisions about the economy's current production and investments for future production.

ENGR.ECONOMIC ANALYSIS
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5. Government policies that promote economic growth
Which of the following policies could a relatively poor developing country adopt to promote economic growth? Check all that apply.
Provide the legal and regulatory environment necessary for the functioning of a sound banking system.
Establish and enforce strong property rights.
Publicly fund a reasonable quantity of high-quality education.
Allow people and businesses to trade freely with foreign producers and consumers.
Allow the government to make all decisions about the economy's current production and investments for future production.
Transcribed Image Text:5. Government policies that promote economic growth Which of the following policies could a relatively poor developing country adopt to promote economic growth? Check all that apply. Provide the legal and regulatory environment necessary for the functioning of a sound banking system. Establish and enforce strong property rights. Publicly fund a reasonable quantity of high-quality education. Allow people and businesses to trade freely with foreign producers and consumers. Allow the government to make all decisions about the economy's current production and investments for future production.
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