Institutional reversal refers to the fact that ________.
A) Europeans established more extractive institutions in places that were previously more developed and set up more inclusive institutions that were previously less developed
B) Europeans established more extractive institutions in places that were previously less developed and set up more inclusive institutions that were previously more developed
C) the same institutions that were highly extractive in the year 1500 slowly changed into inclusive institutions as a result of modernization
D) the same institutions that were highly inclusive in the year 1500 slowly changed into extractive institutions as a result of modernization

Question

Quizplus · Accepted Answer

Institutional reversal refers to the phenomenon where Europeans established more extractive institutions in regions that were previously more developed, while in areas that were less developed, they set up more inclusive institutions. This is often discussed in the context of how colonial powers interacted with existing social and economic structures in the territories they colonized.

Institutional Reversal Refers to the Fact That ________