Why Do Political Instability and Insecure Property Rights Retard Economic

question 31

Multiple Choice

Why do political instability and insecure property rights retard economic growth?

• A) Fear that private property will be confiscated substantially reduces the incentive to invest and create wealth.
• B) When property rights are insecure, foreign investors will be reluctant to invest in the country.
• C) Savings will tend to flow out of a country if individuals fear their property is insecure.
• D) All of the above are correct.

Distinguish between different types of trust and their foundations.

Explain the concept of psychological contracts within organizations.

Comprehend the impact of trust on workplace dynamics and employee behavior.

Understand how social networks are built and maintained in professional settings.

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Definitions:

Desire to Excel

The motivation or drive to surpass standards of excellence and achieve high levels of performance.

Organizational Culture

The set of shared attitudes, values, goals, and practices that characterizes an institution or organization.

Kurt Lewin

A German-American psychologist known for his pioneering work in social psychology, group dynamics, and organizational development, often considered the father of modern social psychology.

Environmental Forces

External factors such as economic, political, social, technological, and legal conditions that influence an organization's operations and outcomes.