Economics 183DEVELOPMENT OF ECONOMIC INSTITUTIONS IN THE UNITED STATESProfessor Leah BoustanHypothesis Assignment (Due in class, October 13th) Read the article “Institutions, Factors Endowments, and Paths of Development in the New World” by Kenneth Sokoloff and Stanley Engerman and answer the following questions. • What is the general question that the article is trying to answer? That is, what is the fact or pattern that the article is trying to explain? Keep your answer to 1-2 sentences. • What is the authors’ specific hypothesis? That is, what is his/her proposed explanation for the observed fact or pattern? Keep your answer to 1-2 sentences.