The GEM study focuses on the level of Total Entrepreneurial Activity (TEA)in different countries.In which of the following areas is TEA the lowest?

Question

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The Global Entrepreneurship Monitor (GEM) study often finds that Total Entrepreneurial Activity (TEA) is lower in developed regions compared to developing ones. Europe, with many developed economies, typically shows lower TEA rates than regions like Latin America, the Caribbean, and North America, where either the economy is rapidly growing or there's a stronger culture of entrepreneurial initiatives in response to less formal job opportunities.

The GEM Study Focuses on the Level of Total Entrepreneurial