Nations will attract investment and its citizens will engage in productive activities when the institutions and policies of that country

Question

Quizplus · Accepted Answer

All of the above statements are true. Encouraging market exchange means that businesses can freely buy and sell goods and services, leading to a more efficient allocation of resources. Rewarding innovation motivates entrepreneurs to create new products and technologies. Protecting people and their property creates a stable and secure environment for economic activity to take place. All of these institutions and policies are necessary for attracting investment and promoting productive activities.

Nations Will Attract Investment and Its Citizens Will Engage in Productive