Which of the following best describes the impact of European settlers on economic growth in former colonies?
A) Europeans settled in colonies where they could live easily,and they set up institutions that were conducive to economic growth.
B) By settling in colonies,Europeans were able to engage in predation and extract resources,without setting up institutions conducive to economic growth.
C) European settlement created resentment and political unrest in colonies,hindering economic growth.
D) European settlement discouraged colonial governments from setting up institutions necessary for economic growth.
Correct Answer:
Verified
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