There Are Several Institutional Structures That Promote and Sustain Economic

question 38

Multiple Choice

There are several institutional structures that promote and sustain economic growth.These factors include:

• A)efficient financial institutions, education, free trade, patent and copyrights, property rights and competitive market system.
• B)restricted trade, property rights and, monopoly power.
• C)monopoly power, education and strong market incentives.
• D)both efficient financial institutions, education, free trade, patent and copyrights, property rights and competitive market system and restricted trade, property rights and, monopoly power.

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Definitions:

Executive Branch

The division of a government responsible for implementing laws and policy, typically headed by the president or prime minister.

Bill of Rights

The first ten amendments to the United States Constitution, ratified in 1791, which guarantee essential rights and liberties to the American people, such as freedom of speech and religion.

James Madison

He was the fourth President of the United States, serving from 1809 to 1817, and is known as the "Father of the Constitution" for his pivotal role in drafting and promoting the U.S. Constitution and the Bill of Rights.

Ratification

The official approval or confirmation of an agreement, treaty, or constitutional amendment, typically through legislative vote.