In societies where trust is high, there tends to be a lower cost of doing business.

Name: In societies where trust is high, there tends to be a lower cost of doing business.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

When there is high trust in a society, people are more likely to keep their promises and follow through with commitments, which reduces the need for costly legal contracts and monitoring. This leads to a lower cost of doing business.

In Societies Where Trust Is High, There Tends to Be