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Imagine That You Will Design and Build a New, Sovereign

question 80

Essay

Imagine that you will design and build a new, sovereign island-state in the Caribbean Sea, based on investments made by multimillionaires. The lack of space means that only one or two manufacturing facilities can be built on the new island, however. What types of factories would you recommend building and why?


Definitions:

TEA

Total Entrepreneurial Activity; a metric used to measure the percentage of the adult working-age population who are either a nascent entrepreneur or owner-manager of a new business.

North America

A continent located entirely within the Northern Hemisphere and almost all within the Western Hemisphere, consisting of countries such as the United States, Canada, and Mexico.

Social Entrepreneurship

A form of entrepreneurship that focuses on resolving social issues and making a positive impact on society through innovative and sustainable business models.

Corporate Social Responsibility

A business model that incorporates sustainable development into a company's operations, focusing on social, environmental, and economic responsibilities.

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