Examlex
Which of the following institutions is important for channeling savings into investment?
Farms
Land and the buildings on it, used for growing crops and/or raising animals as a primary source of income.
Protective Tariffs
Taxes imposed on imported goods to protect domestic industries from foreign competition by making imports more expensive.
Transcontinental Railroad
was a train route across the United States, completed in 1869, which revolutionized transportation and communication, contributing to the country's economic growth and westward expansion.
Hands Off Approach
A policy or attitude where interventions or regulations by governments in business or economic matters are minimized.
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