An unfavorable environment for innovations and entrepreneurship is the result of
A) a market economy.
B) economic freedom.
C) state monopoly in production.
D) privatization.
E) strong legal protection of property rights.

Question

Quizplus · Accepted Answer

State monopoly in production limits competition and innovation, as the government controls production and there is little incentive for entrepreneurship.

An Unfavorable Environment for Innovations and Entrepreneurship Is the Result