2. Some African countries experience slow economic growth because they lack economic freedom, private property rights are
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2. Some African countries experience slow economic growth because they lack economic freedom, private property rights are not enforced, and markets do not function well. People in these countries have little incentive to specialize and trade or to accumulate both physical and human capital.
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Related Book For
Essential Foundations Of Economics
ISBN: 9780520219465
7th Global Edition
Authors: Bade, Robin;Parkin, Michael
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