Compared to Underdeveloped Countries,governments in Developed Economies Impose More Procedures

question 52

True/False

Compared to underdeveloped countries,governments in developed economies impose more procedures and a higher total cost for new start-ups.

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Definitions:

War of the Triple Alliance

A conflict in South America (1864-1870), involving Paraguay against Brazil, Argentina, and Uruguay, which resulted in significant territorial and population losses for Paraguay.

Vietnam War

A prolonged conflict (1955-1975) between Communist forces in North Vietnam and non-Communist forces in South Vietnam, with heavy involvement from the United States.

Technology

The application of scientific knowledge for practical purposes, especially in industry and in our daily lives, leading to innovations and advancements in various fields.

Ironclad Ship

A type of warship in the mid-19th century, protected by iron or steel armor plates, significantly changing naval warfare.