Australia, considered an individualistic society, fosters a higher level of entrepreneurship than generally found in collectivistic societies.

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Individualistic societies value independence, personal goals, and individual achievements, which can encourage entrepreneurship. Collectivistic societies prioritize the group over the individual and may discourage risk-taking and independent thinking, which can hinder entrepreneurship. Australia is considered an individualistic society due to its focus on individual rights and freedoms.

Australia, Considered an Individualistic Society, Fosters a Higher Level of Entrepreneurship