One Explanation for Greater Economic Development in Moderate Versus Tropical

question 39

Multiple Choice

One explanation for greater economic development in moderate versus tropical climates is that institutions established by colonial settlers in moderate climates ______, while institutions established by colonists in tropical climates ______.

• A) were based on English common law; were based on the Napoleonic Code
• B) were based on the Napoleonic Code; were based on English common law
• C) protected property rights; were extractive and authoritarian
• D) were extractive and authoritarian; protected property rights

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Definitions:

Coefficient

A numerical or constant quantity placed with a variable in an equation that indicates the change of the variable.

Multiple Regression Model

In statistics, a technique that examines the interaction between a dependent variable and at least two independent variables.

Student's Major

The specific field of study or academic discipline that a student is focusing on during their education.

Annual Income

The total amount of money earned by an individual or organization in one fiscal year from all sources, before taxes and deductions.