1. Property rights and a strong titling system are seen
as important to economic development because they
allow:
a. loans to be taken out against the equity of their assets,
increasing investment.
b. loans to be taken out without risk, increasing the quality,
not quantity, of investment.
c. savers to invest in property and capital.
d. agencies with authority to verify titling to thrive in the
economy.
2. Over the 1980 and 1990s, countries that were given
large amounts of...