W2 - Institutions
Presentation
•
Social Studies
•
9th Grade
•
Practice Problem
•
Medium
Cyndy Harrison
Used 1+ times
FREE Resource
10 Slides • 17 Questions
1
2
Open Ended
How did the world GDP experience such a dramatic increase in recent history? (think about what we talked about yesterday)
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4
Multiple Choice
According to economists, what role do institutions play in society?
Institutions provide the incentive structure for society
Institutions are only government organizations
Institutions have no impact on economic outcomes
Institutions are the same as laws
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6
Open Ended
Can you think of some South Korean exports? Can you think of any North Korean ones?
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8
Multiple Select
What are some important institutions for economic growth mentioned in the lesson?
Private Property
Rule of Law
Stable Government
Markets
9
10
Fill in the Blanks
Private property rights are respected and
Type answer...
11
Multiple Choice
Which of the following is NOT a consequence of poor property rights?
Lack of investment
Inability to use property as collateral
Increase in foreign aid
Insecurity and conflict
12
Open Ended
Explain how poor property rights can affect investment and entrepreneurship in a country.
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Open Ended
Describe the situation faced by Ghe and Tisa in Cambodia and how it illustrates the impact of weak property rights.
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16
Open Ended
Why is it important for everyone, including government leaders, to follow the rule of law?
17
Multiple Choice
Which of the following is NOT a consequence of lacking rule of law?
Unfair Treatment
Corruption
Economic Growth
Insecurity
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20
Open Ended
How do differential standards in bureaucracy affect entrepreneurship and growth?
21
Fill in the Blanks
Guess how long it took for Hernando De Soto's students to get all the permits through official channels?
Type answer...
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Open Ended
Somalia has lacked an effective central government for over 30 years. Is this a good place to start a business? Why or why not?
24
Multiple Select
Which of the following are reasons why a stable government is important for business investment?
Contracts are honored
Fear of unrest is reduced
Long-term planning is possible
Civil war is guaranteed
25
Multiple Choice
According to economists, what role do institutions play in shaping society?
Institutions provide the incentive structure for society
Institutions are only government organizations
Institutions have no impact on economic outcomes
Institutions are the same as laws
26
Open Ended
How did the world GDP experience such rapid growth in recent centuries?
27
Open Ended
How are institutions similar to rules in sports, how are they different?
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