4. Identify each of the following situations as something that either promotes growth or retards growth. LO28.2
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4. Identify each of the following situations as something that either promotes growth or retards growth. LO28.2
a. Increasing corruption allows government officials to steal people’s homes.
b. A nation introduces patent laws for the first time.
c. A court order shuts down all banks permanently.
d. A poor country extends free public schooling from 8 years to 12 years.
e. A nation adopts a free-trade policy.
f. A formerly communist country adopts free markets.
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