Which of the following is a legal means by which the state can expropriate the profits from innovation?
A. Demands for money to grant alicense
B. Expropriation
C. Enforcing property rights
D. Excessive taxation
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Some _____ have fostered a market economy and strong property rights protection and have experienced rapid economic growth.
A. totalitarian regimes
B. command economies
C. dictatorships
D. centrally planned systems
Several of the fastest-growing Asian economies adopted more _____ governments during the past three decades, including South Korea and Taiwan.
A. totalitarian
B. democratic
C. dictatorial
D. socialists
Anecdotal comparisons suggest that the assertion that nations that invest more in _____ will have higher growth rates is true.
A. infrastructure
B. centralized urban centers
C. education
D. manufacturing
One of the reasons for the spread of democracy is the emergence of _____ who have pushed for democratic reforms.
A. a more vocal working poor
B. better educated lower classes
C. a desperate urban poor
D. increasingly prosperous middleand working classes