Which of the following factors is negatively correlated with economic growth?

Question

Quizplus · Accepted Answer

Collectively owned resources are negatively correlated with economic growth as they can create inefficiencies and lack of incentives for individuals to invest and improve the use of those resources. Without private property rights, individuals may not have the necessary incentives to invest in or improve collectively owned resources, leading to a lack of economic growth. Additionally, without competitive markets, economic growth can also be hindered as prices may not accurately reflect supply and demand, leading to misallocation of resources. Stable money and prices, private property rights, and political stability are all positively correlated with economic growth.

Which of the Following Factors Is Negatively Correlated with Economic