Researchers have found that countries that were settled by Europeans who were primarily interested in resource extraction were

Question

Quizplus · Accepted Answer

Countries that were settled by Europeans interested in resource extraction, such as South American and African countries, tended to have less protection of private ownership rights and less limitation of government power. This is because the Europeans who settled in these countries were more interested in exploiting the resources rather than establishing stable economies and governments. As a result, these countries often experienced political instability, corruption, and economic inequality.

Researchers Have Found That Countries That Were Settled by Europeans