Data suggest that which of the following are necessary for high rates of economic growth?

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Quizplus · Accepted Answer

Private property rights, free markets, and clear incentives have all been found to be necessary for high rates of economic growth. Private property rights provide individuals with the incentive to invest in and improve their property, while free markets allow for competition and innovation. Clear incentives, such as tax breaks for businesses that invest in research and development, can also encourage economic growth. Therefore, all of these choices are necessary for high rates of economic growth.

Data Suggest That Which of the Following Are Necessary for High