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The Importance of Institutions According to the video, what role do institutions play in shaping economic incentives? They prioritize technological advancements over cultural practices. They

The Importance of Institutions According to the video, what role do institutions play in shaping economic incentives? They prioritize technological advancements over cultural practices. They have no significant impact on economic outcomes. They create different incentives for commercial cooperation or political influence. They enforce strict regulations on natural resource extraction

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