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< Question 17 of 17 > Question Categorize the statements according to whether they promote economic growth or inhibit economi

Answer Bank a culture of bribery the presence of clearly defined property rights the development of regulations that make cre

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Answer #1

Promote growth:

  • The presence of clearly defined property rights
  • Use of competitive markets to allocate goods and services.
  • The enforcement of trademarks.

inhibiting the growth:

  • A culture of bribery.
  • development of regulation that makes creating small business difficult.
  • A nation central declares it will print money to pay for government expenditure.
  • Price control imposed on milk
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