Because of the Structure of Government in Many Developing Countries,many

question 135

Essay

Because of the structure of government in many developing countries,many economists who,in Western developed countries,favor activist government policies may well favor Classical laissez-faire policies for the same reasons that early Classical economists did-because they have a profound distrust of the governments.Why do these economists often distrust government officials in countries with developing and transitional economies?

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Definitions:

Serotonin

A neurotransmitter in the brain that plays a key role in stabilizing mood, feelings of well-being, and happiness.

Learned Helplessness

A condition in which an individual becomes passive and unable to act to avoid adverse situations due to previous experiences of being unable to control the outcome.

Learned Helplessness

Learned helplessness is a psychological condition in which a person believes they have no control over outcomes in their life, often leading to passivity and depression, as a result of experiencing uncontrollable events.

Increased Control

Enhancing one's ability, power, or authority to manage or direct situations, objects, or people.