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Paths of development in the New World Flashcards | StudBud

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Paths of development in the New World

7 terms·StudBud Administration·12 plays

#development #economics

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Questions 7

Answers

1
Latin American colonies... (choose the incorrect answer)
Had high production possibilities
Encouraged competition
Were richer at the beginning
Attracted more inflows of labor
2
Institutions in this article are said to...
Foster immigration
Subsidize franchise
Promote free education
Encourage inequality
3
Who are the authors of this article?
Kennedy L. S and Stanley Engerman
Kenneth Stanley and Luis
Kenneth L.S. and Stanley L. E.
Others
4
The authors payed special attention to...
Answer 1 and 2 are correct
Religion
Heritage
The different environments
5
Which country of these is ranked first in the GDP ranking nowadays?
Brazil
USA
Mexico
Canada
6
Northern colonies...
Had comparative advantage
Had escale economies
Restricted vote and education
Were more homogenous
7
What is the result of the measures taken in Latin American colonies?
Inequality remained over the years
Huge economic development
Homogenous society
Societies that didn't achieve their full economic potential