Extractive economic institutions are ones that:
a. involve extraction of oil and minerals and mining.
b. enable political leaders to concentrate power in their own hands.
c. grew from European colonization of less developed nations.
d. transfer a nation's income and wealth to a small elite.
Answer: d
Political Science
You might also like to view...
A political action committee (PAC) is a committee formed by an organization, industry, or an individual for the purpose of collecting money and making contributions to selected political candidates and causes
Indicate whether the statement is true or false
Political Science
__________ rests on faith in the power of the market to provide growth and prosperity without government intervention
a. Mercantilism c. Federalism b. The free market ethos d. The liberal market advantage
Political Science