The annual Global Entrepreneurship Monitor divides countries into three groups based on where the country stands in terms of growth. In the 2016/2017 report, these three categories were _____, _____, and _____ economies.

Question

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The Global Entrepreneurship Monitor categorizes countries into three types based on their economic development and the nature of entrepreneurial activities: innovation-driven, efficiency-driven, and factor-driven economies. This classification helps in understanding the level of entrepreneurship and economic growth within different countries.

The Annual Global Entrepreneurship Monitor Divides Countries into Three Groups