If democracy in the 21st century aspires to be as successful as it was in the 20th century, faith in democracy will need to be translated into strengths in economic development and in overcoming pandemics in the future. This speaks to the key role of institutions, which is to do what?

a. Govern individual and firm behavior

b. Reduce transaction costs

c. Reduce uncertainty

d. Influence individual and firm behavior

Answer rating: 100% (QA)

The answer is d Influence individual and firm behavior Heres why the other options are not as ... View the full answer