Which of the following is a reason why many members of the European Union have low entrepreneurship rates?
A) These nations are yet to develop niche markets because their markets are far from the maturity phase.
B) These nations have high per capita income and high rate of such necessity entrepreneurship.
C) These nations do not have well developed property rights, making it much riskier to form new businesses.
D) These nations provide a high level of employment protection and strong unemployment insurance.
Correct Answer:
Verified
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