Assignment 6

In less than three pages, please submit a written analysis to answer the following questions. make it concise and clear.

1. Identify and briefly explainthree of the fivemajor elements of the legal and social environments conducive to economic development in that period?

2. Explain briefly the interaction between sectors of the economy and the financial sector?

3. In our textbook (page 242), it is stated: "Banking in the United States had a checkered career in the nineteenth century". Why? Please provide a clear and brief explanation.

4. Discuss brieflyfour functions of the government (i.e., the role of the state) in the economic sphere?