There are several institutional structures that promote and sustain economic growth.These factors include:
A)efficient financial institutions, education, free trade, patent and copyrights, property rights and competitive market system.
B)restricted trade, property rights and, monopoly power.
C)monopoly power, education and strong market incentives.
D)both efficient financial institutions, education, free trade, patent and copyrights, property rights and competitive market system and restricted trade, property rights and, monopoly power.

Question

Quizplus · Accepted Answer

Efficient financial institutions allow for easy access to credit and investment. Education promotes human capital and innovation. Free trade allows for the efficient allocation of resources across borders. Patents and copyrights encourage innovation and prevent intellectual property theft. Property rights ensure that individuals have the necessary incentives to invest and innovate. Finally, a competitive market system promotes innovation, efficiency, and growth. Restricted trade and monopoly power inhibit competition and economic growth.

There Are Several Institutional Structures That Promote and Sustain Economic