In Eastern European countries, before the transition to more market-oriented systems, entrepreneurs had little incentive to locate and operate in these countries due to
A) insufficient property rights
B) lack of natural resources
C) small size of the labor force
D) bad climate

Question

Quizplus · Accepted Answer

Insufficient property rights in Eastern European countries before the transition to market-oriented systems made it difficult for entrepreneurs to ensure that their investments and business operations were protected, reducing the incentive to locate and operate there.

In Eastern European Countries, Before the Transition to More Market-Oriented