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14. We know that economic development is a function of its engines of growth, innovation and entrepreneurship. Those, on their turn, require: a. a strong

14. We know that economic development is a function of its engines of growth, innovation and entrepreneurship. Those, on their turn, require:

a.

a strong command economy to make sure innovation occurs and that it gears development

b.

society's collective ownership of means of production, to guarantee continuity of investments required by entrepreneurship

c.

efficient regulation mechanisms to ensure innovation and entrepreneurship are developmental

d.

market economy and strong property rights

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