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What Do You Think Are the Most Important Factors Impeding

question 44

Essay

What do you think are the most important factors impeding development in Venezuela? Be specific in your answer.


Definitions:

Index of Prices

A statistical measure that shows changes in the price level of a selected basket of goods and services over time.

Farm Product

Products that are derived from agriculture, including both crops and livestock.

Rent-Seeking Activities

Efforts to increase one’s share of existing wealth without creating new wealth, typically through manipulation of the economic environment.

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