Institutionalism is a key concept in Comparative Political Economy, which emphasizes the role of institutions in shaping economic and political outcomes.

Sweden is often cited as an example of a successful social democratic model, known for its strong social welfare system and high levels of economic equality.

A mixed economy is an economic system that combines elements of capitalism and socialism, allowing for both private ownership and government intervention in the economy.

Developing countries are typically characterized by high levels of poverty, low levels of industrialization, and limited access to resources and infrastructure.

Marxism is an economic theory that emphasizes the role of class struggle in shaping economic and political outcomes, arguing that capitalism is inherently exploitative and will eventually be replaced by socialism.

Communism is an economic system in which the government controls all means of production and distribution, aiming to create a classless, stateless society.

Power is a key concept in the study of political economy, as it shapes the distribution of resources and the outcomes of economic and political processes.

Capitalism is an economic system in which private individuals own and control the means of production, with the goal of generating profits.

All of the above factors play a key role in determining a country's economic development, as they contribute to productivity, innovation, and overall economic growth.

Laissez-faire is an economic system that emphasizes individual liberty and limited government intervention, advocating for free markets and minimal regulation.

All of the above concepts are key in the study of economic inequality, as they provide different ways of measuring and analyzing the distribution of income and wealth in a society.

Social Democracy is an economic system that combines elements of capitalism and socialism, with a focus on social justice and equality, aiming to provide a more equitable distribution of resources and opportunities.

All of the above factors play a key role in determining a country's economic growth, as they contribute to increased productivity, efficiency, and overall economic output.

Socialism is an economic system that emphasizes collective ownership and democratic control of the means of production, with the goal of creating a more equitable and just society.

All of the above concepts are key in the study of economic development, as they contribute to increased productivity, innovation, and overall economic growth.