One General Conclusion That We Can Reach Regarding Entrepreneurship Is

question 62

Multiple Choice

One general conclusion that we can reach regarding entrepreneurship is that:

• A)Regulatory burdens on newSTArt-ups are much easier in poorer countries.
• B)The less entrepreneur-friendly a country's formal institutional requirements are the more likely entrepreneurship will contribute to economic development.
• C) Collectivistic societies may result in relatively higher levels of entrepreneurship.
• D) Individualistic and low uncertainty-avoidance societies tend to foster relatively more entrepreneurship.

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Definitions:

Absolute

A term typically used to describe something that is complete or total, often without limitation or qualification.

Infringed

To encroach upon someone’s rights or freedoms, or breach a law or agreement.

Reasonable Steps

Actions or measures that are considered sensible and proportionate in a given situation to achieve a specified outcome.

Welfare

A government program that provides financial aid to individuals or groups in need.