Question

One general conclusion that we can reach regarding entrepreneurship is that:

a. Regulatory burdens on newSTArt-ups are much easier in poorer countries.

b. The less entrepreneur-friendly a countrys formal institutional requirements are the more likely entrepreneurship will contribute to economic development.

c. Collectivistic societies may result in relatively higher levels of entrepreneurship.

d. Individualistic and low uncertainty-avoidance societies tend to foster relatively more entrepreneurship.

Answer

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