Which of the Following Statements Is True

question 115

Multiple Choice

Which of the following statements is true?

• A) The institutions governing a nation are considered proximate causes of prosperity.
• B) Societal religious beliefs and existing social norms are key proximate causes of economic prosperity.
• C) Cultural and geographical factors that affect economic prosperity can be changed faster than the institutional factors that affect it.
• D) Institutions determine the degree to which society accumulates factors of production and adopts new technology.

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