Countries like Uganda, Peru, Ecuador, and several lesser-developed African countries all have high levels of entrepreneurial activity, often called:

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High levels of entrepreneurial activity in lesser-developed countries are often driven by necessity rather than opportunity. People in these countries may start businesses out of desperation to generate income or provide for their families, as there may be limited job opportunities or resources available. This type of entrepreneurship is called necessity entrepreneurship.

Countries Like Uganda, Peru, Ecuador, and Several Lesser-Developed African Countries