The Importance of Institutions Match the economic term or outcome with its corresponding example or cause. Prompt 1Lack of entrepreneurial freedom Prompt 2Property rights Prompt 3Free market economy Prompt 4Tragic divergence in economic prosperity Prompt 5Periodic episodes of starvation Prompt 6Central planning North Korea's economic system Legal framework that allows individuals to own, use, and dispose of property Restriction on individuals to start businesses and earn profit Insufficient production due to flawed economic policies Misaligned incentives in centrally planned economies South Korea's economic system