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:

Crisis Situation

A significant and often sudden event or condition that requires immediate attention and action to protect life, property, or the environment.

Pressure

The psychological experience produced by urgent demands or expectations for a person’s behavior that come from an outside source.

Norms

Shared expectations or rules that guide behavior within a group or society.

Conformity

The action of aligning one's attitudes, beliefs, or behaviors to match those of a group or societal norms, often due to real or perceived social pressure.