Statistically, One Can Expect About Two Out of Every Three

question 27

True/False

Statistically, one can expect about two out of every three new businesses to fail within six years of their founding.

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Definitions:

Economic Dependency

A situation where an individual, group, or nation relies on another for financial support or resources.

Demographic Statistics

Quantitative data relating to the structure of populations, including information on age, gender, income, and education levels.

GNI

Gross National Income, which is the total domestic and foreign output claimed by residents of a country, including salaries of residents working abroad but excluding income of foreign residents.

Peripheral Countries

Nations that are less industrially developed, often exploited for their resources by more developed or core countries, and are situated at the margins of the global economy.