Explain the Differences Between Inclusive and Extractive Economic Institutions

question 90

Essay

Explain the differences between inclusive and extractive economic institutions.

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Definitions:

Undernourished

A condition where an individual does not intake enough nutrients, leading to various health issues related to malnutrition.

Satellite Surveillance

The use of satellite technology to monitor activities on the earth's surface for purposes such as intelligence gathering, navigation, and environmental monitoring.

Hard Power

Power that coerces others and that is backed up by economic and/or military force.

Coercive

Relating to or characterized by the use of force or threats to compel someone to do something.