Extractive Institutions ________

question 39

Multiple Choice

Extractive institutions ________.

• A) are restricted to command economies
• B) are restricted to market economies
• C) privilege many at the expense of a few
• D) privilege a few at the expense of many

---

Definitions:

Competition Act

Legislation aimed at promoting fair business practices and competition by preventing monopolies, anti-competitive practices, and other constraints on commerce.

Misleading Advertisement

Advertising that deceives or is likely to deceive the audience, potentially leading them to make purchasing decisions they would not have otherwise made.

Conviction

A formal declaration that someone is guilty of a criminal offense, made by the verdict of a jury or the decision of a judge in a court of law.

Competition Act

Legislation designed to promote or maintain market competition by regulating anti-competitive conduct among companies.