Which of the Following Best Summarizes Economic Origins of Dictatorship

question 13

Multiple Choice

Which of the following best summarizes Economic Origins of Dictatorship and Democracy, by Daron Acemoglu and James Robinson?

• A) No bourgeoisie, no democracy.
• B) No bourgeoisie, no authoritarianism.
• C) Elites may favor repression over democracy if it will protect their privileges.
• D) Authoritarian elites are susceptible to the contingencies of people power mobilization.

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Definitions:

Minimum Efficient Scale

The smallest level of production a company can achieve while still taking full advantage of economies of scale in terms of costs per unit.

Long-Run Average Cost Curve

A graphical representation showing the lowest average cost of producing any output level when all inputs can be varied.

Plant Size

Plant Size pertains to the capacity or physical dimensions of a manufacturing or production facility.

Diseconomies of Scale

A situation where, as a firm increases production, the costs per unit increase instead of decreasing due to inefficiencies.