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1 - Copy - Copy (5) - 11. The areas of Africa that were...

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11. The areas of Africa that were most affected by the slave trades were a) The most prosperous areas b) The least prosperous areas c) The areas with moderate levels of prosperity d) The prosperity of regions had no bearing on the impact of the slave trades. 12. According to de Soto, the reason why many people outside the West do not benefit from capitalism is that these people lack. .. a) Intelligence b) Assets c) Access to foreign markets d) Entrepreneurship e) None of the above 13. Why don’t the poor specialize in one occupation? Risk spreading, occupy time. 14. How can Sokoloff and Engerman tell that national heritage (e.g. being part of the British or Spanish empires) probably does not explain today’s variation in economic development across the Caribbean and the Americas? People who believe that reject the fact that different British colonies of the new world evolved quite distinct societies and sets of economic institutions despite being of roughly the same legal and cultural background and drawing immigrants from the same
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1 - Copy - Copy (5) - 11. The areas of Africa that were...

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