As a Country Develops More Efficient Institutions,what Happens to Its

question 6

Essay

As a country develops more efficient institutions,what happens to its production function? Explain.

---

Definitions:

Social Reproduction

The tendency of social classes to remain relatively stable as class status is passed down from one generation to the next.

Pierre Bourdieu

A French sociologist, anthropologist, and philosopher known for his theory of habitus and concepts of cultural capital, social capital, and symbolic violence.

Economic Relationships

Describes the connections between individuals or entities based on the production, distribution, and consumption of goods and services.

Karl Marx

A 19th-century philosopher, economist, and political theorist best known for his theories about capitalism and communism.