Extractive institutions control political power to ________.
A) allow new businesses to enter and compete in a market
B) enforce property rights and an equitable legal system
C) transfer resources from the ruling party to society
D) transfer resources from society to the ruling party

Question

Quizplus · Accepted Answer

Extractive institutions control political power in order to extract resources and wealth from society for the benefit of the ruling party or elites. This involves transferring resources from society to the ruling party, rather than allowing for competition and growth through the provision of property rights and an equitable legal system.

Extractive Institutions Control Political Power to ________