INT 200 Study Guide - Midterm Guide: Social Forces

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17 May 2016
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Engerman/sokoloff: history lessons: institutions, factor endowments and paths of. Main argument: explain differences in development paths by using the 3 factor endowments, Land: in places where there is a lot of land and enslaved laborers the result is inequality: when you"ve enslaved people to work the land, you have produced an elite o ruling class! . Now institutions are needed to preserve this elite minority. And these opportunities are restricted to the elite . On the basis on factor endowments and institutions they give rise too. In cases where there"s a lot of land and enslaved labor= inequality is produced. Which institutions arrive- institutions to preserve elite (minority); opportunities restricted to elites. Restricts participations; input from all segments of society; restrict competition and creativity. Land- canada- lots of land + imported european labor= relative equality relative opportunity. Is nature of labor- its relationship to the amount of land and its impact and inequality and therefore institutions.