Which of the following can be said of a "favorable business environment"?

Question

Quizplus · Accepted Answer

A favorable business environment can indeed result from competitive federalism, as states or regions compete to attract businesses through various incentives, including lower taxes. State spending on infrastructure improves transportation, utilities, and communication, making a location more attractive for businesses. A well-educated workforce is crucial for businesses that require skilled labor. Lower taxes can be a direct outcome of policies aimed at creating a favorable business environment, as they reduce operational costs for businesses.

Which of the Following Can Be Said of a "Favorable