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According to Samuel Huntington, South Korea's economy experienced rapid economic growth because ...

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According to Samuel Huntington, South Korea's economy experienced rapid economic growth because ...

According to Samuel Huntington, South Korea's economy experienced rapid economic growth because South Koreans valued thrift, investment, education, and discipline. In contrast, Ghana's economy did not grow as fast because the country had different social values. This argument claims that ________.

▸ institutions are a fundamental cause of prosperity

▸ geographical location is a fundamental cause of prosperity

▸ institutions are a proximate cause of prosperity

▸ culture is a fundamental cause of prosperity

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Macroeconomics

Edition: 3^rd

Authors: Acemoglu, Laibson, List

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