Suppose there is a small region in central Africa with high population density and a rich mineral deposit. If colonists in 1500 had found such a place, what do Engerman and Sokoloff predict would have happened?The population density and resources are rich enough for the indigenous population to defend itself, either politically or militarilyThe colonists would establish egalitarian industries which would create low inequality, eventually creating a prosperous countryThe colonists would establish extractive industries which would create high inequality, eventually creating a poor countryThe indigenous population would create an elixir from a heart-shaped herb that, when combined with technology derived from the minerals, would enable the region to defend itself

Then try StudyFetch, the AI-powered platform that can answer your questions and teach you more about it!