Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

If democracy in the 21st century aspires to be as successful as it was in the 20th century, faith in democracy will need to be

If democracy in the 21st century aspires to be as successful as it was in the 20th century, faith in democracy will need to be translated into strengths in economic development and in overcoming pandemics in the future. This speaks to the key role of institutions, which is to do what?

a. Govern individual and firm behavior
b. Reduce transaction costs
c. Reduce uncertainty
d. Influence individual and firm behavior

Step by Step Solution

There are 3 Steps involved in it

Step: 1

The answer is d Influence individual and firm behavior Heres why the other options are not as ... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

International Marketing And Export Management

Authors: Gerald Albaum , Alexander Josiassen , Edwin Duerr

8th Edition

1292016922, 978-1292016924

More Books

Students also viewed these General Management questions

Question

Apply equivocality to an organization with which you are familiar.

Answered: 1 week ago