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Most Entrepreneurs Have Little Trouble Finding Adequate Financing During Their

question 106

True/False

Most entrepreneurs have little trouble finding adequate financing during their start-up year because the small size of their new firms means that financial needs are minimal.


Definitions:

Equator

An imaginary line around the Earth equidistant from the North and South Poles, marking the latitude 0°.

El Niño

A climate pattern that occurs in the Pacific Ocean, characterized by the unusual warming of surface ocean waters in the central and eastern tropical Pacific.

Eastern Pacific Basin

A region of the Pacific Ocean bounded by the Americas to the east and Asia and Australia to the west, known for its deep ocean trenches and marine biodiversity.

Ocean Current

A continuous, directed movement of seawater generated by forces acting upon it such as wind, the Coriolis effect, breaking waves, and differences in temperature and salinity.

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