Which of the Following Steps Should Be Taken by Governments

question 22

Multiple Choice

Which of the following steps should be taken by governments to be entrepreneur-friendly?

• A) Governments should adopt collectivist attitudes.
• B) Governments should impose fewer procedures for entrepreneurs.
• C) Governments should increase processing time to ensure proper background check of entrepreneurs is done.
• D) Governments should refrain from approving entrepreneurial firms that involve high risks.

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Definitions:

Literacy

The ability to read and write, often considered a fundamental skill for accessing education and participating fully in society.

Puritan Societies

Communities formed by Puritans in the early American colonies with a focus on strict religious discipline and simplicity of worship.

Undisciplined Liberty

Refers to a condition or scenario where freedom is exercised without restraint or consideration for laws, regulations, or the rights of others, potentially leading to chaos or conflict.

Social Unity

The state of being united or joined as a whole, especially in a social context, promoting solidarity and harmony within a community.