Too much taxation, an overuse of regulation, and limited choices in the broader business environment are likely to result in:
A)a decrease in entrepreneurial activities.
B)an increase in the level of personal freedom.
C)an increase in global trade.
D)a social crisis.

Question

Quizplus · Accepted Answer

When taxation is too high and regulations are too strict, it becomes difficult for entrepreneurs to start or run a business. This leads to a decrease in entrepreneurial activities, which can have negative effects on the economy. Limited choices in the business environment can also make it difficult for businesses to grow and expand, as they may not have access to the resources they need. This can ultimately result in a social and economic crisis.

Too Much Taxation, an Overuse of Regulation, and Limited Choices