Business Finance
GCU Role of Institutions and Government Policies in Economic Growth Paper

Grand Canyon University

Question Description

Discuss what institutions and government policies promote economic growth. Explain how these institutions incentivize economic activity.

Final Answer

Attached.

The Role of Institutions and Government Policies in Economic Growth
For an increase in economic growth in any country, both institutions and government
policies play a vital role. Institutions that contribute to economic growth include those that
protect property rights, those that deal with financial markets together with legal and
administrative institutions. On the other hand, government policies that promote economic
growth include those that enhance the rate of saving, raise the productivity of workers and
those that reduce the ...

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Cornell University

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