Which of the following statements correctly highlights a difference between countries with extractive economic institutions and countries with inclusive economic institutions?
A) Innovation is more likely in countries with inclusive economic institutions than in countries with extractive economic institutions.
B) Innovation is less likely in countries with inclusive economic institutions than in countries with extractive economic institutions.
C) Countries with extractive economic institutions typically have worse climatic conditions than countries with inclusive economic institutions.
D) Countries with extractive economic institutions typically have better climatic conditions than countries with inclusive economic institutions.

Question

Quizplus · Accepted Answer

This is because inclusive economic institutions provide more opportunities for individuals with innovative ideas to bring their ideas to the market and succeed, while extractive economic institutions limit these opportunities and instead prioritize the interests of the elites.

Which of the Following Statements Correctly Highlights a Difference Between