Social Studies, 09.03.2022 19:20 oliviaschmitt0
Institutions can promote economic growth by increasing saving and investment, promoting the development of new technologies, and ensuring that resources flow to their most productive uses. Identify whether each institution encourages growth or restricts growth.
a. A competitive market system economic growth.
b. Free trade economic growth.
c. Protectionist trade policies economic growth.
d. Heavy government regulation economic growth.
e. Patents and copyrights economic growth.
f. Command‑based systems economic growth.
WORD BANK
- encourage(s)
- restrict(s)
Answers: 2
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Institutions can promote economic growth by increasing saving and investment, promoting the developm...
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