Finland, Italy, Sweden, and several other members of the European Union have low entrepreneurship rates. What is the most likely reason for this?
A) They don't have well-developed property rights, making it much riskier to form new businesses.
B) These nations do not have well-developed markets.
C) They have restrictions that prohibit private ownership of businesses in most sectors of the economy.
D) They have liberal unemployment benefits and provide employees with a high level of employment protection.
Correct Answer:
Verified
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