Does geography or institutions cause economic growth?

Answer 1

Economic growth is the result of the people.
America was considered a great country not becuase of the government but because of the people who made it up.
Now it is unfortunate that when in other countries that feeling is not a prevelant.
Americans are seen as lazy. This is a weekness in less fortunate economies. To be lazy is a opening for someone willing to advance pass.
America has evolved through many socail changes just in my lifetimne, and still does today. The reality is that those who do not know history are doomed to repeat it,
But the other reality is that there is a manuscript from history in which the foundation of America was orginally built upon, creating what was known as great. And greater is the that is in me, than I myself.
So I guess the concept of economic growth is a point of view from the mountains of Tibet.

Answer 2

Depends on the geography or institutions.

Geography
Tundra -- No
Woodlands-- Yes

Institutions
Salvation Army -- No
Banks -- Yes

Answer 3

of course, the type of topographical geography a location has can spur business and settlement, take tropical islands for example, they thrive on tourism, it's their main economical resource. Institutions create jobs, educate people who are now capable of higher earning which inturn means higher spending.

Answer 4

It depends on the worthiness of the real estate and the talent embodied in the institution.

Answer 5

These days geography has less and less to do with the global exonomy. It is much more about education and technology than anything else.