Works on Economic Development Quizzes

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Questions and Answers

Which of the following works discusses the economic effects of slavery in the United States?

  • AJR: The Colonial Origins of Comparative Development
  • Constitution by Jefferson
  • Biasi and Moser: Effects of Copyrights on Science
  • Bleakley and Rhode: The Economic Effects of American Slavery, Redux (correct)

Which work explores the influence of patent laws on innovation?

  • The Beginnings of Industrialization
  • Moser: How Do Patent Laws Influence Innovation (correct)
  • Carlson: Causes of Bank Suspensions in the Panic of 1893
  • Hammond: Banks and Politics in America

Which of the following works discusses the social state of Anglo-Americans from an outsider's perspective?

  • Gavin Wright: Property and Progress
  • Engerman and Sokoloff
  • Founding Choices: American Economic Policy in the 1790s by Irwin and Sylla
  • Tocqueville: The Social State of the Anglo-Americans (correct)

Which work examines the economic policies of the United States in the 1790s?

<p>Founding Choices: American Economic Policy in the 1790s by Irwin and Sylla (D)</p> Signup and view all the answers

Which work explores the role of banks in American politics?

<p>Hammond: Banks and Politics in America (B)</p> Signup and view all the answers

What is the role of factor endowments in the development of early institutions?

<p>Influence the initial level of inequality, which in turn affects early institutions (A)</p> Signup and view all the answers

What type of colonies were more likely to have bad modern institutions and low levels of prosperity?

<p>Colonies with large indigenous populations (B)</p> Signup and view all the answers

According to Engerman and Sokoloff, what factor determines the course of society?

<p>The early institutions developed based on factor endowments (C)</p> Signup and view all the answers

Why do colonies with precious metals and large indigenous populations tend to have high inequity?

<p>Because of the extraction of minerals with high native labor involvement (B)</p> Signup and view all the answers

In Engerman and Sokoloff's framework, what is the relationship between early institutions and modern levels of prosperity?

<p>Early institutions directly determine modern prosperity levels (B)</p> Signup and view all the answers

What is the significance of settler mortality on current economic performance according to AJR's research?

<p>It affects current economic performance through its impact on early institutional development (B)</p> Signup and view all the answers

Why did colonization strategy, as discussed in AJR's research, vary between extractive states and neo-European states?

<p>Due to differences in settler mortality rates (A)</p> Signup and view all the answers

What is the causal chain proposed by AJR regarding settler mortality and modern economic performance?

<p>'+settler mortality -&gt; patterns of settlement -&gt; early institutions -&gt; later institutions' (C)</p> Signup and view all the answers

Why are mortality rates faced by soldiers, bishops, and sailors in the colonies significant according to AJR?

<p>They correlate with early measures of institutional quality (A)</p> Signup and view all the answers

What other factors, apart from settler mortality, may have influenced colonization decisions as mentioned in AJR's research?

<p>Access to food and resources (B)</p> Signup and view all the answers

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