Those factors that lead to differences in the proximate causes of prosperity between nations are referred to as ________.
A) fundamental causes of prosperity
B) endogenous causes of prosperity
C) explicit causes of prosperity
D) implicit causes of prosperity

Question

Quizplus · Accepted Answer

The term "fundamental causes of prosperity" is commonly used to describe the deeper factors, such as institutions, culture, geography, and historical events, that lead to the differences in economic development between nations. Endogenous causes refer to factors that arise from within a system, such as technological innovation or productivity growth, and are not necessarily related to the deeper, underlying causes of prosperity. Explicit and implicit causes are not commonly used terms in this context.

Those Factors That Lead to Differences in the Proximate Causes