Absence of Enforcement of Contracts Would Encourage Economic Development, Because

question 146

True/False

Absence of enforcement of contracts would encourage economic development, because people would be more willing to incur risks if they did not have to worry about getting sued.

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Definitions:

Esther Reed

An American Revolutionary War figure known for organizing women to provide support for soldiers, highlighting the role of women in the war effort.

Sarah Franklin Bache

An influential figure during the American Revolutionary War era, known for her charitable work and as the daughter of Benjamin Franklin.

Economic Independence

The condition where an individual possesses enough personal assets to sustain their lifestyle without the need for earning income through any type of job.

Abigail Adams

The wife of John Adams, the second President of the United States, renowned for her early advocacy of women’s rights and her influential role as a First Lady.