The Influential Peruvian Development Economist Hernando De Soto Has Argued

question 30

Multiple Choice

The influential Peruvian development economist Hernando de Soto has argued that much of the developing world will fail to reap the benefits of capitalism

• A)until they adopt communism.
• B)until property rights are better defined and protected.
• C)if they adopt free market economies.
• D)until their governments monopolize all means of production in their countries.
• E)if they encourage innovation and entrepreneurship.

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Definitions:

Screening Out

The process of filtering information to ignore or minimize less relevant or distracting messages.

Compromiser

An individual who deals with conflict by finding a middle ground between differing points of view, aiming to partially satisfy all parties involved.

Competitor

An entity that competes against others for the same market share or audience in a particular industry or sector.

Values Conflict

A situation where two or more important beliefs or values clash, creating a dilemma.