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Terms in this set (4)
Provide an example of a location whose economic trajectories differed based on their types of institutions. How did institutions play a role in this divergence?
What are some economic theories that cannot be applied to economic development? What evidence has refuted them?
What has given rise to prosperity or poverty? Provide examples of how these factors have given rise to prosperity or poverty.
What are critical junctures? What is institutional drift? How have these concepts played a crucial role in economic development through history?
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