Solved

Which of the Following Is Important in the Development of a Large

Question 139

Multiple Choice

Which of the following is important in the development of a large economy dominated by trade between parties who do not know each other (depersonalized exchange) ?


A) having few or minimal constitutional rules to avoid preventing the democratic institutions of a country from working to their fullest potential
B) having a sound legal system that protects property and enforces contracts
C) the presence of abundant natural resources
D) heavy government regulation and control of prices so that individuals do not try to take advantage of one another in market exchange

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents