Which of the Following Statements Is True

question 29

Multiple Choice

Which of the following statements is true?

• A) Extractive institutions are congenial to entrepreneurship.
• B) Inclusive institutions are likely to support inefficient firms.
• C) Inclusive institutions are more commonly found in command economies than in market economies.
• D) Extractive institutions may prevent workers from working in occupations to which their skills are best suited.

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Definitions:

Relational Thinking

A cognitive process that involves identifying connections and relationships between objects, ideas, or situations.

Dialectical Thinking

A method of thought that involves holding two opposing points of view in mind at the same time to reach a synthesis or integration of the two.

Categorical Thinking

A cognitive process that involves organizing information into categories for easier understanding and decision-making, sometimes at the expense of recognizing unique or nuanced differences.

Self-Worth

A person's subjective valuation of themselves, often based on assessments of their abilities and attributes.