In an area with no population and little resources which


1. The idea that the world is getting smaller and that time is moving faster is called?

a. Subjective Frame Shift

b. Singularity

c. Globalization

d. Compression

2. In an area with no population and little resources, which type of institution would emerge?

a. Settler Property Rights

b. Resource Extractive

c. Plantations- agriculture extractive

d. No institutions

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Business Economics: In an area with no population and little resources which
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