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Institution: Summary         2
INSTITUTION: SUMMARY
Table of Contents
Summary    3
References    4
Summary
The article has effectively presented the theory of institution and the extensive aspects of economic growth that reflects the efficiency of the Institution. The theory conceptually demonstrated the context of adaptive efficiency in terms of an economic revolution that had taken place over time and has been a consequent evolution of the institutional structure. North has proposed to determine an economy by using the institutional structure that...