According to Mr Mokyr’s thesis : 1. Culture affects behaviour and thus economic activity in a society. 2. Acquired social codes influence individual choices and therefore economic activity. 3. Factors usually associated with kick-starting industrialisation are not sufficient to explain economic activity. 4. All the options hold.
Explanation:
From the second paragraph, statements 1 and 2 can be inferred. Statement 3 can be inferred from the line, " Mr Mokyr says that factors often credited with kick-starting industrialisation- such as capital accumulation and the cost and supply of certain kinds of labour- may be necessary but are not sufficient" Hence, the answer is option D.
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