Which of the following is one of the reasons to believe that institutional change is more likely now than in the past?

Question

Quizplus · Accepted Answer

Previously colonized countries have gained independence, which means they have more autonomy to make their own institutional and policy choices. This shift in power dynamics is likely to result in institutional change. Option B is incorrect as the prevalence of communism decreasing around the world. Option C is incorrect as increasing transportation and communication costs have strengthened the importance of institutions and policies as there is more worldwide competition for investment.

Which of the Following Is One of the Reasons to Believe