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Business, 13.08.2020 01:01 pizarroisaid

Factors of production, such as physical capital, human capital, and technological knowledge, are crucial to economic growth. Therefore, institutions that foster strong incentives and create an environment favorable to the development of such factors of production are vital to economic growth. Which of the following are examples of such institutions? A. Competitive and open markets. B. Free-riding culture. C. A dependable legal system. D. Political stability. E. Government expropriation.

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