D Question 26 Which one of the following is an incorrect statement about the effect of US natural capital on market growth? O New York City has a large harbor along a major river, the Hudson. With the completion of the Erie Canal in 1825, the locational advantages of New York were enormous. Between 1790 and 1850, New York's population increased from 33,000 to over B00,000 Oh the eighteenth and nineteenth centuries, land abundance and avalability promoted low rates of population growth through natural increase because it discouraged high birth rates and fostered relatively high mortality rate. O in 1900. the twenty largest American cities were all located on major waterways. Before Colorado entered the Union in 1876, all US. states had at least one border delineated by rivers or oceans. O Many cities in the United States formed at obstacles to water navigation, where continued transport required overland hauling or portage. Portage sites attracted commerce and supporting services, and places where the fall provided water power attracted manufacturing during early industrialization Question 27 Which one of the following is a correct statement about the relationship between natural capital and institutional developments? O in locations where the disease environment was favorable to European settlement (places with temperate climates and better health conditions),Europeans settled in greater numbers and extractive institutions were far more likely to develop O In places such as Australia, New Zealand, Canada, and the United States, Europeans established "extractive institutions" these did not protect private property rights, nor did they provide proper checks and balances against government appropriation O in some places. such as Mexico, Europeans set up "inclusive imtitutions these protected private property, fostered freedom and enforcement of contracting, and resulted in legal systems that generally followed the rule of law and that provided checks and balances to imit government power and appropriation O n olaces where European settler mortality was high, there was relatively little European settlement and colonizers were more likely to adont extrac institutions and to enslave indigenous populations or import African slaves