Which of the following political institutions would be supportive of an economic environment that would promote gains from trade and productive activities, while discouraging counterproductive actions?

Question

Quizplus · Accepted Answer

Checks on the powers of both the executive and simple legislative majorities can prevent the government from implementing policies that may hinder trade and productivity. Constitutional protection of economic rights like ownership of property, freedom to trade and compete, and use of alternative currencies can create a stable and predictable economic environment that encourages trade and investment. Political decentralization can provide citizens with the choice to move to areas with more favorable economic conditions, which can help to promote gains from trade and productive activities. Therefore, all of the above options can be supportive of an economic environment that encourages gains from trade and productive activities.

Which of the Following Political Institutions Would Be Supportive of an Economic