answersLogoWhite

0

Extractive political institutions are systems of governance that concentrate power and resources in the hands of a small elite, often to the detriment of the broader population. These institutions typically lack accountability, limit political participation, and suppress individual freedoms, thereby enabling the elite to exploit resources and maintain control. This leads to economic inequality and underdevelopment, as opportunities for growth and innovation are stifled. In contrast, inclusive political institutions promote broader participation and equitable resource distribution, fostering sustainable development.

User Avatar

AnswerBot

2w ago

What else can I help you with?

Related Questions

When was Extractive Industries Transparency Initiative created?

Extractive Industries Transparency Initiative was created in 2002.


What are examples of extractive industry?

farming,mining,lumbering,hunting,fishing are some examples of extractive industry.


What are the functions of political institutions in transitional democracies?

function of political institution


Why do political institutions use heritage resources?

To gain political access


What is the study of the processes and principles of government and political institutions?

political science, political philosophy


What are Political channels that transform people's concerns into political issues?

Linkage institutions


What is the ability of persons groups or institutions to influence political developments?

The ability of persons, groups, or institutions to influence political developments would be called power.


Is the ability of persons groups or institutions to influence political developments?

The ability of persons, groups, or institutions to influence political developments would be called power.


What are the three types of institutions?

The three types of institutions are economic institutions (such as banks and corporations), social institutions (such as family and education systems), and political institutions (such as government and legal systems).


Why are political institutions important?

Political institutions are mandatory because:Man is a political animal, lives in society which works on the principles of conflict and cooperation,Political institutions are safeguards of our rights, freedom and libertyThese provide solutions to the problems that emanate from political struggles


What do you compare in public administration?

we compare political institutions


What are the major political institutions in nigeria?

There are three main political institutions in the country of Nigeria. These are the People's Democratic Party, the All Nigeria People's Party, and the Action Congress.