The Lack of an Entrepreneurial Class in Developing Nations Tends

question 48

Multiple Choice

The lack of an entrepreneurial class in developing nations tends to

• A) keep workers from migrating to cities from rural areas.
• B) reduce the level of capital investment.
• C) force the need for land reform.
• D) keep governments stable.

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Definitions:

Expected Utility

A theory in economics that assesses how choices provide a certain level of satisfaction or utility to individuals, under conditions of uncertainty.

Expected Rate of Return

The profit or loss one anticipates on an investment that has various known or expected rates of return.

Variance

The measurement of the spread between numbers in a data set, indicating how much the numbers diverge from the average.

Standard Deviation

A statistical measure that quantifies the amount of variation or dispersion of a set of values, often used in finance to assess the volatility of an investment.