One of the Factors That Contributes to a Higher Degree

question 78

Multiple Choice

One of the factors that contributes to a higher degree of entrepreneurship in emerging economies is __________.

• A)lack of education
• B)lack of job opportunities
• C)lack of capital
• D)lack of competition

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Definitions:

Minimum-Wage Acts

Laws that establish the lowest hourly wage that can legally be paid to workers.

Remuneration

Compensation or payment received for employment or services provided, including salary, wages, bonuses, and benefits.

Annual Salary

The total amount of money earned by an employee in a year from their job before deductions.

Organization

A structured group of people working together towards shared goals, characterized by defined roles, responsibilities, and processes.