Which of the following government policies would be least likely to encourage entrepreneurship?
A) Passage of laws that enable businesspeople to write enforceable contracts
B) Establishment of a currency that is tradable in world markets
C) Establishment of strict regulations specifying exactly how products should be made to ensure safety and affordability
D) Passage of laws that eliminate corruption in government and business

Question

Quizplus · Accepted Answer

One of the things governments can do to encourage entrepreneurship is keep business regulations to a minimum. Regulations may be desirable in other respects, but they tend to discourage entrepreneurship by making the formation and management of businesses more difficult and expensive.

Which of the Following Government Policies Would Be Least Likely